Know Your Org
The First Mid site for benefits and services offered to employees.
What is First Link?
Intentionally setting fire to your property for the purpose of financial gain.
What is Insurance Fraud?
$10,000.01
What is the cash in or out amount to file a CTR?
OFAC
What is Office of Foreign Assets Control?
Administers and enforces economic and trade sanctions based on US foreign policy and national security goals.
Who is OFAC?
Joe Dively
Who is the CEO?
Altering cash transactions for the purpose of avoiding the filing of a CTR.
What is Structuring?
$3,000 to $10,000
What is the cash transaction amount needed to file a CTL?
FinCEN
What is Financial Crimes Enforcement Network?
Ensures national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with application laws and regulations.
Who is the OCC?
First Mid values
What is Integrity, Motivation, Professionalism, Accountability, Commitment, and Teamwork?
Completed in steps: placement, layering, and integration.
What is Money Laundering?
$5,000 to $25,000
What are the SAR filing thresholds?
OCC
What is Office of the Comptroller of the Currency?
Responsible for consumer protection in the financial sector.
Who is the CFPB?
The size of First Mid?
What is $3.8B?
Installing ransom-ware on a business's network to lock down their data until they pay a set dollar amount.
What is Cyber Fraud?
$1,000 (per person per day)
What is the maximum threshold allowed before a business is considered an MSB?
IDFRP
What is the Illinois Department of Financial & Professional Regulation?
Safeguards the financial system from illicit use.
Who is FinCEN?
Four members of the board of directors (last name only)
Who are Cook, Zimmer, Dively, Sparks, Bailer, Grissom, Melvin, and Westerhold?
The act of misappropriating funds.
What is Embezzlement?
This event requires no threshold to file a SAR
What is activity that would be reported and involves a bank affiliated individual?
"USA PATRIOT" Act
What is Uniting and Strengthening American by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism?
Advocacy. Education. Industry Resource... for all Illinois bankers.
Who is the IBA?