1. BSA Enhancement: Joint Owner Activity

Activity – Member avoids currency transaction monitoring by depositing cash into multiple accounts, some on which the member is the primary account holder and others as only a joint owner.

Solution – Enhance the BSA monitoring feature to enable account tracking on every account connected to the Social Security number of every member, regardless of classification: Primary Owner or Joint Owner.

StatusIn Process: Project sheet #36568 is to be assigned to a programmer and is waiting for resources.

3 Responses to “1. BSA Enhancement: Joint Owner Activity”

  1. Barbara Bean

    Jim and audit link team — great tips and information on all 10 — thank you — I will explore more and implement several of these. Barb

  2. Amy Bergen

    This is a much-needed tool to ensure all CTRs are filed as required. Looking forward to this one.


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