BRANCH LYFE
Funds Availability
Records Management
RANDO SANDO
100
Name three task's that are dual control?
Night Drop, card machine, Dual key box, no vault teller in office, opening CRMS, logging into CFM,
100
What does "funds availability" refer to in banking?
It refers to the time frame in which deposited funds become available for withdrawal.
100
How long to do we retain records for?
7 years
100
What is OFAC short for?
The Office of Foreign Asset Control
200
What are the contents of the Yellow Robbery folder?
Post Robbery Checklist, closed signs, red sheet & "Memo to the member"
200
What are some exceptions to the standard hold periods for funds availability?
Large deposits over $5,000, checks suspected to be uncollectible, and deposits to accounts that are repeatedly overdrawn
200
Daily work is retained in branch for how long?
6 months
200
You just sent a international wire for $300k for the purchase for Russian crude oil. Who can immediately approve this wire?
Branch Manager 
300
What activity did we do during our March dialog?
300
What is the only reason to place a cashiers check on hold?
Doubt of collectability
300
OFFLINE PROCEDURE
- Total cash received was $29,000 however only $28,427.23 was written to shares/loans.
- I made a loan payment to a share 10 instead of tracking the correct loan ID
- I did a $25k deposit to a CD Share (56) then accidentally put the same ID as a transfer to a share.
- Lastly, no signature even though I wrote a transfer.
Hailey - No id & math wrong
Julia - 1. Written in a non blue/black ink - did not transfer to the teller receipt 2. Withdrew $150 - This one you can choose to use or not, a 3 or higher can make exceptions, but the limit is $100 3. No signature from member
300
What street did the Sprague branch located on before moving to "Sprague"?
Havana
400
Numerica holds Court Ordered Blocked accounts?
T or F
True
400
When releasing funds early, where do you release the fund from? 2nd day or 7th day?
2nd Day
400
What information are member required to confirm with Numerica? Per Ashley's email on 10/23
Bonus: who are the auditors (firm)?
Deposit accounts and loans
Moss Adams
400
When reconciling Deposit Processing, what is the bag limit? " Said to contain"
$250,000 cash
500
Per the 10/24 KIK report what service are we sunsetting?
FamPay
500
A member comes in to the Liberty Lake Branch on October 22nd (tues), 2024 and makes a deposit by check for $18,000 that goes on a Large Deposit Hold. What date does the hold expire?
Bonus points: How much is released on the last day?
Exact date
500
What are the names of the conference rooms at Mirabeau?
Connect Ask Resolve Elevate Strengthen