I am trying to understand how other financial institutions handle the branch "All-Clear” signal. Do you require individual branch offices to have a unique All-Clear? How frequently do you recommend that the branch offices change the signal? Can you share opening and closing best-practice processes?
Does the FDIC’s Bank Secrecy Act provide any specific security standards relating to Night Depository Vaults?
What’s the difference between a Threat, Vulnerability and Risk when performing a Security Assessment?
Are security guards a good deterrent for bank robberies?
More than a few of our branch offices house sales and service teams from other bank departments, such as commercial lending. Should those employees receive annual robbery training?
Which internal control is better for handling cash in branch office ATM vaults - Dual Control/Dual Custody or Dual Presence?
Our branch just started using Teller Cash Recyclers (TCRs). Do they deter criminals? In a robbery situation, what dollar amount should we dispense when the Duress Dispense key is activated? Do you dispense a specific denomination or random bills? Also, how do you handle bait money?
Is it a good idea for bank employees to carry concealed or even open weapons to work? We have many employees with state licenses who would like to bring their guns while working.
We have been asked by an individual (non-customer) to provide any security tape that might show a traffic accident on the street close to the bank. I do not want to release any security tape we may have without a subpoena. Am I correct?
I’ve never been in a robbery, and the thought of it scares me to death. What can I do to make sure I’m prepared?