Suspicious Activity Reporting for Credit Unions       




The primary purpose of the Bank Secrecy Act (BSA) and related laws is to help detect and prevent money laundering. Specifically, the BSA and other anti-money laundering laws require your credit union to:

  • Know and properly identify members.
  • Report large currency transactions.
  • Keep records of cash sales of negotiable instruments.
  • Report suspicious activities.


    1 Hour(s)


  • Identify characteristics of reportable suspicious transactions and activities.
  • Identify what to do if you detect suspicious activity.
  • Recognize your suspicious activity reporting responsibilities.

     112B3R4.2

    View the Business Training Library Course Catalog