Are You Smarter Are You Smarter Than a New Hire?Than a New Hire?

L&N’s All Staff Day L&N’s All Staff Day

20082008

New Hires

RULES

Participant NameParticipant Name

BranchBranchParticipant NameParticipant Name

BranchBranch

Participant NameParticipant Name

BranchBranchParticipant NameParticipant Name

BranchBranch

Rules of PlayRules of Play• An L&N Employee will answer questions pertaining to

BSA, questions will range in difficulty. • Answering questions correctly moves the prize

winnings up a “Time Off” Ladder.• The Employee can choose one New Hire as a classmate

for two questions in a row. • If needed, the employee can “Copy” (copy the New

Hire’s answer) or “Peek” (look at the New Hire’s answer and decide whether to use it).

• If an Employee gives a wrong answer and the New Hire gives a right one, the New Hire can “Save” the Employee. All three aides are available just once.

• If all else fails, the Employee can quit the game, but has to say directly to the audience, "I am not smarter than a New Hire."

PLAY

Are You Smarter Than a New Are You Smarter Than a New Hire?Hire?

BSA 3

BSA 2

BSA 1

BSA 6

BSA 5

BSA 4

CTR 3

CTR 2

SAR 3

SAR 2

SAR 1 CTR 1

MIL 3

MIL 2

MIL 1

USA PATRIOT ActPEEK

COPY

SAVE

QUIT

Time Off Ladder

8 Hours Off

7 ½ Hours Off

7 Hours Off

6 ½ Hours Off

6 Hours Off

5 ½ Hours Off

5 Hours Off

4 ½ Hours Off

4 Hours Off

3 ½ Hours Off

3 Hours Off

2 ½ Hours Off

2 Hours Off

1 ½ Hour Off

1 Hour Off

½ Hour Off

BACK

BSA 1 BACK

Are any member accounts exempt from

the reporting requirements?

No

BSA 2

How often should each branch send their logs to the Member Service

Dept. for review?

Weekly

BACK

BSA 3

What report does the Member Services Department review to

determine if a member’s account requires a CTR or SAR

be filed?

“Smurfing Report”

BACK

SAR 1

If a SAR is required, how many days does it need

to be filed within?

30 Days

BACK

SAR 2

Should we inform an individual if an SAR is being filed on them?

No

BACK

Copies of completed SAR’s will be kept on file

for 10 years.

TRUE or FALSE

False: 5 Years

SAR 3 BACK

ALL cash transactions of $3000 to $10,000 must be recorded in the MIL.

TRUE or FALSE

TRUE

MIL 1 BACK

MIL 2

Where is the $3000 & Over Log to be

physically kept at the branch?

The counter behind the MSRs

BACK

MIL 3

List 3 items recorded in the $3000 & over log,

excluding cash.

Traveler’s Checks, Money Orders, VISA Gift Cards, &

Certified ChecksBACK

CTR 1

If a CTR is required, how many days does it need

to be filed within?

15 Days

BACK

CTR 2

A CTR must be completed in the

member’s presence.

TRUE or FALSETRUE

BACK

CTR 3

If a member complains about a CTR being filed on

them, how should an employee respond?

The law requires L&N file the report; it does not represent

an L&N Policy.BACK

BSA 1

What is the dollar limit for filing a SAR?

No dollar limit

BACK

BSA 2

BSA is a combination of various statues that require credit

unions to _____, _____, & _____ certain financial transactions to

the federal government.

Record, Retain, & Report

BACK

BSA 3

What should an employee do if Sharon Cummings is the person a SAR needs to be

filed on?Report the activity to a SR Vice President. They will

determine if a SAR needs to be filed.

BACK

What do the letters of the USA PATRIOT Act stand for?

Uniting & Strengthening America by Providing Appropriate Tools

Required to Intercept & Obstruct Terrorism

USA PATRIOT Act BACK