Show:
CTR
SAR
CTR TRUE/FALSE
CIP
MISC
100
The lowest dollar amount for a cash transaction that would require a CTR?
What is $10,000.01
100
What does SAR stand for?
What is Suspicious Activity Report
100
A CTR should be filed if a Member deposits $10,000.00 in cash on a Saturday?
What is False ( the CTR only needs to be filed for amounts in excess of $10,000.00 cash)
100
CIP stands for?
What is Customer Identification Program
100
Who is the BSA Officer for the Credit Union?
Who is Joanne T.
200
A CTR must be filed within this # of days?
What is 15
200
Can you inform the Member that a SAR is being filed?
What is NO
200
If a Member deposits $11,000.00 into their Savings account and then requests an Official Check you must file a CTR.
What is True
200
True or false: Initials are allowed on the signature card for the Member's place of employment?
What is FALSE
200
True or False: Monetary Instrument Log only needs to be filled out for cash in exchange for Official Checks, Money Orders or Travelers checks in the amount of $3000.00 to $10,000.00
What is True
300
CTR stands for?
What is Currency Transaction Report.
300
A Suspicious Activity Report must be reported within ___ days of its occurrence?
What is 30 days
300
If Sue F. deposits $3000.00 cash in Vestal, $3000.00 in Endwell and 4000.00 at the Main Office you do not need to file a CTR because it doesn't meet the criteria.
What is True
300
2 types of Identity verification
What is Documentary and Non-Documentary
300
True or False: If you notice something suspicious, you should keep it to yourself until you have more details. You don't want to draw attention to it until you have all the facts.
What is False. ( You should bring all suspected suspicious activity to the attention of your Supervisor)
400
Linda R. is a self employed Truck Driver. She comes into the Credit Union to deposit her cash tips for being an awesome Truck Driver totaling $11,000.00. Is a CTR required?
What is Yes.
400
Who should you notify here at the Credit Union if you come across something suspicious?
Who is a Supervisor
400
CTR's should be mailed directly to the IRS.
What is False
400
Name, Address, Social Security number and Date of Birth
What are the 4 pieces of identifying information required to open an account.
400
True or False: Branches must email Joan if a CTR is generated.
What is True ( also send CTR thru Interoffice Courier)
500
If a CTR is filed for Linda R., the self employed Truck Driver, what should we list on the CTR as her occupation?
What is Self Employed Truck Driver or Truck Driver
500
Who files Suspicious Activity Reports electronically with Fincen
Who is Joan T
500
CTR's can be destroyed after one year.
What is False
500
A perspective Member is checked thru this system to determine if they are on the OFAC list
What is ChexSystems
500
Important Information about Procedures for Opening a New Account can be found where?
What is The Lobby and Offices where accounts are opened.