Hold Up!
The standard hold period for check deposits under Reg CC
What is 2 days
This form should be notarized when submitting a POA
What is the Indemnity Agreement
Preferred ink color for notarizations by bank employees
What is Blue
BSA
What is Bank Secrecy Act
The name of the Asst BSA Officer
Who is Jesus O.
Reg CC determines this on a check deposit
What is funds availability
This form is required for a Non-Resident Alien
What is a W-8 BEN
This document houses the rules for notaries in Arkansas
What is the Arkansas Notary Public Handbook
CTR
What is Currency Transaction Report
The name of the CRA Officer
Who is Dustin J.
This should be filed with every hold notice at FSB
What is a copy of the check
This policy tells you how long the bank is required to keep certain documents
What is the Record Retention Policy
The most common type of notarization done by our employees
What is an acknowledgement
CIP
What is Customer Identification Program
The name of the BSA Officer
Who is Jess B.
The type of hold typically placed on a $6000 check
What is a large deposit hold
This is how long the bank is required to keep credit extension records for transactions over $10k, excluding RE transactions
What is 5 years
The length of time a notary is decommissioned if found to have violated proper notary procedures
What is 10 years
SAR
What is Suspicious Activity Report
The name of the Fraud Specialist
Who is Charlie S.
Reg CC gives six reasons for exception holds. These are two examples.
What is (any combination of) large deposit, re-deposited checks, repeat overdraft, reasonable cause to doubt collectability, emergency conditions, new account
***DAILY DOUBLE***
The number of board approved policies available on the intranet
What is 45
The maximum fine imposed in Arkansas for failing to follow notarization procedures
What is $1000
OFAC
What is Office of Foreign Asset Control
The name of the Internal Controls Specialist
Who is Courtney H.