Securing Loans with Cash: Using Deposit & Brokerage Accounts to Reduce Loss Risk

Aug 02, 2018 03:00pm -
Aug 02, 2018 04:30pm

Event Description

Deposit accounts, certificates of deposit, brokerage accounts, and mutual funds can be used as loan collateral.  Although that sounds simple, the only way to perfect a security interest is by taking possession of the account or obtaining a “control agreement” signed by three parties:  the debtor, secured party, and institution holding the account.  Simply filing a UCC-1 financing statement does not properly perfect your interest.  Applicable to both consumer and business loans, these rules apply whether the borrower is pledging a certificate of deposit at your institution or a mutual fund or brokerage account held at another bank or brokerage firm. 

The control agreement must comply with UCC requirements.  In addition, there are provisions that should be considered depending on whether your bank is the creditor taking a security interest or the depository that holds the account.  This webinar will include a sample deposit account control agreement form that explains which provisions benefit the secured party versus those that benefit the institution holding the account.


  • How to obtain a security interest in deposit accounts, certificates of deposit, brokerage accounts, mutual funds, etc.
  • Properly perfect your security interest
  • Perfection by possession versus perfection by control agreement
  • Necessary control agreement provisions, including those that benefit the secured party versus the institution holding the account
  • Bank liabilities and responsibilities
  • How to liquidate a deposit or brokerage account in the event of default
  • Difference between a collateral security interest and a right of setoff to a deposit account

Take-Away Toolkit

  • Sample control agreement form to perfect your security interest
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

Who Should Attend?

This informative session will benefit loan officers at all levels, loan operations personnel, credit administration staff, and others involved in the credit process.

Registration Options:

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.

Event Type:Webinar &/or On-Demand Link/CD
Early registration ends on Apr 27, 2018.
Regular registration starts on Apr 28, 2018 and ends on Feb 02, 2019.
Late registration starts on Feb 03, 2019.
(GMT-05:00) Eastern Time (US & Canada)


Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00
 Recorded Webinar + Free Digital Download
Member Fee: $345.00$345.00$345.00
Non-Member Fee: $490.00$490.00$490.00
 Both Live Webinar and Recorded Webinar + Free Digital Download
Member Fee: $395.00$395.00$420.00
Non-Member Fee: $600.00$600.00$625.00