Staff BSA Training [Ongoing]
If an examiner asked your credit union staff about money laundering prevention procedures, could they properly explain the “how” and “why” of their Bank Secrecy Act (BSA) responsibilities? Could they explain what triggers the use of a currency transaction report versus a suspicious activity report? How about explaining the components of a sound risk prevention program?
The CrossState Credit Union Association’s recorded BSA training webinar will teach your management and frontline staff about these critical guidelines and reporting requirements. Be prepared when your examiners ask for proof of your staff’s BSA training!