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CLE Programs

March 23, 2023

Bank Closures, The FDIC, Escrow Accounts And Ethics: What Lawyers Need To Know

Bank Closures, The FDIC, Escrow Accounts And Ethics: What Lawyers Need To Know

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Following up to this week’s informational forum and requests to learn more, join the Business Law Section of the New York State Bar Association for a continuing legal education program on what lawyers need to know now about FDIC Insurance, bank failures and escrow accounts. This program will carry 2.0 credits and includes 1.0 ethics credit.

 

Speakers will dispel myths that have developed and explain the federal government actions that resulted in paying depositors in full without concern for the $250,000 insurance limit. Learn more about what's happening with Signature Bank and Silicon Valley Bank. Get information about steps that should be taken to protect deposits in the event that the insurance limit is “reinstated,” with a special focus on escrow accounts.  

 

Understand the interplay between IOLA accounts, escrow accounts and personal accounts when it comes to FDIC insurance, and the ethical considerations every lawyer should know.

Start Date:
  • March 23, 2023
Start Time:
  • 1:00 PM
End Time:
  • 3:00 PM
Areas Of Professional Practice Credit(s):
  • 1.0
Ethics and Professionalism Credit(s):
  • 1.0
Total Credit(s):
  • 2.0
Region:
  • Virtual Participation
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Format:
  • Webinar
Product Code:
  • 0MV81
Section Member Price: $25.00
NYSBA Member Price: $50.00 Join (or renew) for special member pricing
Non-Member Price: $150.00
Sponsoring Committee Group
  • Committee on Continuing Legal Education
  • Business Law Section