When completing a CTR for an LLC, does Part I list just the business entity as the only owner? Or do the signers get listed as well?
I cannot find the lighting level requirements for ATM machines in Alabama (either in the law or by regulation). Can you help?
How long have you been working in the banking field?
Since 1977, when I worked with Price Waterhouse auditing banks, so it's been a long time.
Almost every financial institution in the country fails to train back-office staff properly. (For our purposes here, we're defining "back-office staff" as anyone not working on a teller line or cash dispensing unit such as a cash recycler. If the individual isn't dispensing cash, they're considered a rear echelon member - whether they hold a platform position or mop the office.)
In regards to the BSA rule that a record of loan purpose must be retained on loans $10,000 and greater, how does this apply to lines of credit?