CTR Form
The place were a written narative is recorded.
What is the Comments area/ section of a CTR Form.
When FNBA purchased the Sitka Branch.
What was 1962? FNBA purchased the First National Bank of Juneau which consisted of four branches: Two in Juneau, one in Haines and one in Sitka.
Where you can find information about the various BSA related processes.
What is Continuity?
The two types of CTR forms found in the Eforms Library?
What is the OnDemand form and the Template-Customer form?
The Board Chair, CEO and Bank President?
Who is Betsy Lawer? The granddaughter of Warren N Cuddy who purchased controlling interest in FNBA in 1941 and was bank president until his death in 1951.
The name of the person in the bank who is the BSA Officer.
Who Amber Parker? The Board has named Amber Parker as the BSA/AML Officer. Anyone in the bank can call Amber directly if they have any concerns about someone not handling a BSA matter appropriately.
Up to three entities are listed in this portion of the CTR form. If there are more entities involved in a transaction, than another worksheet must be completed.
What is Part I - Entities Involved in Transaction? If there are more entities involved in a transaction, than another worksheet must be completed.
It happens every month at branches and once each quarter for certain non-branch business units.
What is BSA training? The BSA is very clear that financial institutions must have ongoing training on the BSA. FNBA has found that with monthly / quarterly training helps employees remain knowledgeable about the BSA.
It is what must be done if someone will not provide sufficient information to complete a CTR worksheet.
What is refuse the tranasaction? This is very important. Tellers should obtain a supervisor before refusing a transaction.
The person responsible to ensure the CTR Worksheet contains all data required based on the transaction conducted.
Who is a branch supervisor? The teller accepting the transaction must complete the form; however, it is the branch supervisor who must review the form and make sure it contains all required data prior to submission.
Until this occurs, employees should not be permitted to handle customer transactions.
What is BSA new hire orientation training? It is important that new tellers, personal bankers, supervisors, etc., who interact with customers to the extent that they will handle transactions for customers have an understanding of the BSA in order to ensure appropraite report of large cash transactions occure.
It is completed when someone appears to be laundering money.
What is a Suspicious Transactions Report or SAR.
When a CTR Form is required to be submitted to the BSA/ AML Reporting Unit.
What is the same day a transaction is conducted. Unless conducted on a Saturday, then it must be submitted no later than the end of the first business day following the day the transaction was conducted.
The number of Divisions in the bank and the division that the Sitka Branch reports to.
What is six? The Sitka Branch reports to the Combined Branch & Corp Services Division?
Where all completed CTR Worksheets, including SARs are sent when completed by the branch.
Where is the BSA/AML Reporting Unit. This is a unit under the BSA Compliance Section where all cash transactions conducted by the bank are monitored to ensure the bank is filing CTR reports timely. This area receives various system reports that help identify cash in and out. Proper processing of transactions through Integrated Teller is important to the accurate collection of cash IN and Out report information.