Show:
CTRs
SARs
Account Cards
ConfirmIT
~WILD CARD~
100
The minimum dollar amount of a cash transaction requiring a CTR
What is $10,000.01?
100
Although commonly referred to as an "SAR", the acronym "SAR" stands for this:
What is Suspicious Activity Report?
100
This address must appear on the account card, regardless of where the member receives mail.
What is a physical address?
100
When cutting a check or opening a new account, if the "OFAC" field reports "Failed", you should do this
What is contact the Risk Department for clearance to continue the transaction? DO NOT override the failure in ConfimrIT until you've talked with Risk.
100
When opening an account for a minor, you must see this form of identification.
What is an original social security card?
200
CTRs are required only for this specific type of transaction
What is cash?
200
Whenever you witness any suspicious activity involving a member, you should immediately do this
What is send an email to the Risk Department and copy your manager/supervisor?
200
This type of identification is required when a member wants to open an account with the credit union and every time he wants to do a transaction at the teller line
What is unexpired, government issued, picture bearing?
200
When opening a new account, if you get a "failed" response to the "ID Match" or "SSN Match" fields, you should do this
What is click the "override" button and list each failure and the action taken to disqualify it?
200
While opening a new account, an individual gives you a driver's license from Alaska. You think that it looks suspicious. Not being familiar with what the ID should look like, you should do this
What is check the ID Checking Guide available in each branch and Business Development?
300
Helping a member to avoid filing a CTR is known as this
What is structuring?
300
TRUE or FALSE: It is ok to advise a member that we have or may need to file a suspicious activity report
What is FALSE, FALSE, FALSE? You must NEVER disclose to ANYONE that we have filed, or may file, an SAR.
300
When opening an account, if you are unable to scan an ID, you must include this information about the ID on the Account Card.
What is the type of identification, issued by entity, number, date of issue and date of expiration?
300
When cutting a check with two or more payees, you must do this to check all of the payees in ConfirmIT
What is run ConfirmIT, then manually enter the payees on the subsequent lines of the check? By default, ConfirmIT checks only the payee information on the first line of a check.
300
This list, maintained by the US Treasury, includes names of individuals, companies and countries that US persons and businesses are prohibited from doing business with
What is the Specially Designated Nationals List?
400
Helping a member to structure a transaction to avoid filing a CTR will get you this:
What is fined or jailed or fired?
400
SARs must be filed within this many days of determining qualifying suspicious activity
What is 30?
400
A non-member joint owner wants to open his own account. Since he is a joint owner on an existing account, we need to treat him like this
What is treat him like a non-member? We will need to see unexpired, government issued, picture bearing ID, record info about same on account card and run him through ConfirmIT.
400
If ConfirmIT goes down, but CUBE is up and you have to cut a check, you should do this
What is maintain a log of the account number on which the check is drawn, the payee's name and the date written, then check it as soon as ConfirmIT is back up? The Risk Department keeps a log of all "down" time and does not consider those days when auditing.
400
Using a financial institution to put money gained from illegal activities into the banking system is known as this
What is money laundering?
500
Whenever a transaction qualifies for a CTR, Tellers complete this form with all information regarding who conducted the transaction
What is the CTR Checklist?
500
TRUE or FALSE: If you alert the Risk Manager of suspicious activity, and she files a SAR, she will send you an email advising that the SAR has been filed.
What is FALSE? The Risk Department catalogs and investigates all reports. If a SAR is filed, the Risk Department does not make you aware of it, due to the sensitive nature of reporting.
500
TRUE or FALSE: All non-member records have an unusual account number containing six digits, so you will be able to identify a non-member record simply by the account number.
What is FALSE? Recently opened non-member records do have the unusual account number. However, there are hundreds (or more) existing non-member records with our typical account number convention so you must open the record and review it to determine the type.
500
TRUE or FALSE: If a name fails in ConfirmIT, it is best to try it again to see if you get a different result.
What is FALSE? You would only run it again if you made a typographical error.
500
A member that: uses cash to open a certificate, then takes out a certificate secured loan within 10 days, and then two weeks later cashes in the certificate and pays off the loan could be doing this
What is laundering money?