BAIs
This site is where the organization completes our regulatory learning.
What is BAI?
An electronic form of social engineering in which attackers try to get user information by sending emails, text messages, or social media platform messages that appear to be legitimate.
What is Phishing?
Your checking account should adapt to you, not the other way around. That’s why with this checking account you can use your Visa® debit card at checkout, pair it with your mobile wallet for contactless payments, and keep track of your finances on the go with USALLIANCE’s digital banking app.
What is the MyLife Checking account?
This location host our annual board meetings.
What is Port Chester Branch?
This federal agency provides deposit insurance to protect the deposits of credit union members, similar to the FDIC for banks.
What is the National Credit Union Administration (NCUA)?
This illegal process involves disguising the origins of illegally obtained money, typically by passing it through a complex sequence of banking transfers or commercial transactions.
What is money laundering?
These are commonly used as bait for fishing.
What are Worms?
With this savings account you'll earn a rate on your savings that's far superior to the national average of only 0.57% APY.
What is the High Dividend Savings account (HDSA)?
Come to this branch location to deposit your check, buy your weekly groceries, a $5 DVD, and maybe even a new bike.
What is the Napanoch/Walmart Branch?
In 1961, this organization was established to serve as an advocate for credit unions and promote their growth and development in the United States.
What is the Credit Union National Association (CUNA)?
This principle ensures that individuals and businesses have equal access to credit, regardless of factors such as race, ethnicity, gender, religion, or national origin, promoting economic opportunity and prohibiting discriminatory lending practices.
What is Fair Lending?
This type of social engineering uses SMS or text messages to gather your sensitive information.
What is Smishing?
Have a child who is still physically growing but want to start growing their savings? Open up this account for them.
What is the MyLife Savings for Kids?
This branch is in the same borough as 27 times World Series Champions Yankees.
What is the Bronx (Bethex) Branch?
This landmark legislation, signed into law by President Franklin D. Roosevelt in 1934, provided federal charters for credit unions and established the National Credit Union Administration (NCUA).
What is the Federal Credit Union Act?
Enacted in 1970, this U.S. law requires financial institutions to report certain transactions to the government in an effort to combat money laundering and other financial crimes.
What is the Bank Secrecy Act (BSA)?
These are the most commonly caught fresh water fish in the US.
What are Largemouth Bass?
These accounts offer fixed terms with great rates between 3-60 months.
What are Certificate Accounts?
This Branch was the last one opened back in 2018.
What is the Wayne, NJ Branch?
Credit unions may partner with other organizations to expand their services. What term describes a financial institution formed by the collaboration of several credit unions to provide shared services?
What is a credit union service organization (CUSO)?
This 1999 law repealed part of the Glass-Steagall Act and aimed to modernize financial regulations by allowing banks to engage in a wider range of activities, including securities and insurance, leading to the creation of financial conglomerates.
What is The Gramm-Leach-Bliley Act (GLBA)?
More advanced attacks use Voice over internet Protocol (VoIP) and broadcasting services, in this social engineering technique.
What is Vishing?
This account is an ideal mix of savings and freedom and offers a tier based rate structure.
What is the MyLife Money Market account?
You may find some of these products, (Mountain Dew, Aquafina, Gatorade, Lipton, Mug Root Beer) while visiting this branch location.
What is the Purchase, PEPSICO Branch?
Name the federal law enacted to protect consumers in electronic fund transfers, including provisions for error resolution and limitations on liability for unauthorized transactions.
What is the Electronic Fund Transfer Act (EFTA)?