Monday, December 2, 2013

The following articles are featured in the Compliance section:
  • Is There a Better Way to Comply With BSA Regulations?
  • Require SSN# from Auth Signers on Funeral Trust?
  • Legal Counsel Do Not Agree w/ Suspicious Activity
  • Reg on Early TIL and Treasury Index Figure
  • Reg F Limitations on Interbank Liabilities Policy
  • Best Practice for Reg CC Notice of Hold
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The following articles are featured in the Lending section:
  • Can a Document Management System Help Our Institution Get More Office Space by Reducing the Amount of Physical Files in Storage?
  • What Are the Potential Accessibility Savings by Implementing an Electronic Document Management System?
  • How Does a Centralized Versus a De-Centralized Document Structure Impact Courier Costs?
  • Use Excess From Escrow to Pay On Loan?
  • Non-Borrowing Spouse Not On Title- Signs ROR?
  • ROR If Personal Res As Collateral? (Commercial)
  • Consumer Loan Secured By Farm Real Estate?
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The following articles are featured in the Operations section:
  • How Does Minor of UTMA Gain Access to Funds?
  • Both Parents Custodian on Minor's Account?
  • Check w/Only Numeral Amount Listed-Legal?
  • Company Contact # (Systems to Open Accounts)
  • Report Deceased Customer to ChexySystems
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Read the Current Edition of Tech Talk

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Are you looking for help from other bankers?
Check out the
Bankers' Threads!

Smells fishy to me - nonlocal customer
How should a credit union proceed when it identifies a depositor who lives over 9 hours from the credit union, makes multiple foreign wire transfers, and hasn't apparently met the CU's membership criteria? Is a SAR on the horizon? Should the CU eject the customer?

Read and weigh in with some helpful information on Smells fishy to me - nonlocal customer in the BSA/AML/CIP/OFAC Forum.

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