North Coast Credit Union is hosting a cash mob to collect cash and goods for donation to Lydia Place, which provides housing and education to homeless women and their children in a formal, six-month program. Donations will be accepted through Monday, Oct. 22.
Should I file a CTR?
If a member wants to purchase a cashier’s check for $9,975 with a service fee of $50 and pay in cash, is the credit union required to file a currency transaction report (CTR)?
Catalyst Corporate Credit Union offers three simple strategies to help credit unions maximize investment returns in 2012.
Standard and Poorâ€™s downgrade of the U.S. credit rating is causing stress as Americans wonder whether cash deposits are safer havens for their money than the volatile stock market. This could present a challenge for credit unions.
If credit unions give new members $25 cash gift for opening a new share deposit account, is there an IRS reporting requirement?