Most Popular Operations Content
Cashing "Deposit Only" Checks
07/23/2023
An on-us customer sends out loan checks and on the back prints "For Deposit Only" under the indorsement line on the back of the check. Can this check be cashed?
Improving customer and member services with self-service devices at the branch
07/23/2023
How can using self-service devices at a branch improve customer and member services?
Paying out CTR-able cash, sans SSN
07/23/2023
We have a non-banking client who received several checks from his deceased grandmother (our client) which total over $10K. He is traveling from KS to Fla to cash these checks. Our problem is that he doesn't have a Social Security Number. Can or should we cash the checks and create a CTR, or refuse him? He does have a DL. He lives off the grid....we will file a SAR for sure.
Responsibility for safety and soundness
07/23/2023
Can we shift responsibility for safety and soundness to a third-party service provider in our contract with them?
A Reasonable approach to determining your FIs 1071 compliance tier
07/23/2023
Have to determined what tier your financial institution falls into for Small Data Business Collection and Reporting Rules.