Unclaimed Property Compliance for Financial Institutions

Wednesday, August 24th, 2022 1:30 pm - 3:00 pm

A Program

Click Here to register for live program $279

Click Here to register for live program and recording $419

Financial institutions face the unique challenge of complying with state unclaimed property law while managing customer relationships and protecting customer assets. Escheating a customer’s account timely is critical to maintain compliance, but can also yield negative results and organizational risks if the customer is not truly lost or inactive.

This webinar will focus on complex state unclaimed property reporting requirements and the unique challenges facing banks and other financial institutions. Learn best practices to mitigate risk proactively, efficiently track customer contact, and monitor recent legislative updates that could impact your organization.

What You'll Learn

  • Overview of unclaimed property reporting requirements;
  • Trends impacting financial organizations;
  • Handling of unique property types, such as IRAs, CDs, and Safe Deposit Boxes;
  • State dormancy periods;
  • Exemptions and deductions;
  • Owner outreach and due diligence campaigns;
  • Best practices for maintaining contact with customers; and
  • Costly pitfalls and reporting errors to avoid.


Zach Robbins

Zach Robbins has been a member of Crowe?s State and Local Tax practice since August 2015. He provides consulting and compliance services related to unclaimed property, credits and incentives, and sales and use tax. Zach has 5 years of unclaimed property experience and focuses his time on assisting clients with multistate compliance, voluntary disclosures, audit defense and risk mitigation. Zach received his undergraduate degree from The George Washington University in Washington, D.C. and his juris doctor from Suffolk University Law School in Boston. He is a member of the Illinois bar and certified by the Unclaimed Property Professionals Organization.