Pub. 7 2018 Issue 8

TOP FIVE “SAFETY HOT SPOTS” TO CHECK AT YOUR BANK. THIS ARTICLE IS PROVIDED FOR GENERAL INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AND IS NOT INTENDED TO TAKE THE PLACE OF LEGAL OR RISK MANAGEMENT ADVICE. READERS SHOULD CONSULT THEIR OWN COUNSEL OR OTHER REPRESENTATIVES FOR ANY SUCH ADVICE. ANY AND ALL THIRD PARTY WEBSITES OR SOURCES REFERRED TO HEREIN ARE FOR INFORMATIONAL PURPOSES ONLY AND ARE NOT AFFILIATED WITH OR ENDORSED BY ONEBEACON INSURANCE GROUP. ONEBEACON INSURANCE GROUP HEREBY DISCLAIMS ANY AND ALL LIABILITY ARISING OUT OF THE INFORMATION CONTAINED HEREIN. About OneBeacon Financial Services OneBeacon Financial Services offers property and casualty coverages for commercial banks, savings banks and savings and loan institutions, security broker- dealers, investment advisors, insurance companies and credit unions. Specialty coverages, including professional liability, trust errors & omissions, cyber liability and financial institution bond are additionally available for institutions with less than $3 billion in assets. Contact Us To learn more about how OneBeacon Financial Services can help you manage your unique risks, please contact Craig M. Collins, President, at ccollins@onebeacon.com or 952.852.2434. Visit our website at onebeaconfs.com or find us on: OneBeacon Financial Services® A Member of OneBeacon Insurance Group®  Conduct periodic fire drills in your bank, and be sure employees are educated about protocols and meeting places ahead of the drill. 4. Exterior Areas  Many injuries happen before customers and employees even walk into the bank. Parking lots should remain in good repair and any damage (such as potholes) fixed as soon as possible. Walkways, steps and other paths around the bank should remain hazard-free (sidewalk cracks, painted crosswalks, speed bumps and guard posts). Any area that is damaged should be clearly marked as restricted and repaired as quickly as possible.  Adequate lighting in the parking lot, ATM and along the exterior of the building will help prevent any criminal activities such as robbery or vandalism, as well as provide customers an added sense of safety. 5. Safety Programs Employees play a huge part in keeping your bank safe. Therefore it’s imperative that they understand your bank’s safety program and policies, and are prepared to follow them in case of any emergency or safety issues.  Any type of accident or incident should be reported promptly and detailed in writing.  Inspections of safety equipment and review of policies and procedures should be conducted and documented monthly.  Employees should be trained to administer first aid, and first aid kits should be readily available and easy to access. Even with the most stringent maintenance policies and plans in place, accidents can happen. Being proactive and addressing issues quickly will go a long way towards keeping your customers and employees safe.