American Bankers Association Exam CRCM Topic 3 Question 9 Discussion

Actual exam question for American Bankers Association's Certified Regulatory Compliance Manager exam

Question #: 9
Topic #: 3

On which of the following loans must a bank maintain records under the Bank Secrecy Act?

AAll loans exceeding $5,000 and secured by real property

BAll loans exceeding $5,000, but not secured by real property

CAll loans exceeding $10,000 and secured by real property

DAll loans exceeding $10,000, but not secured by real property

Show Suggested Answer

Suggested Answer: D

by Samira at May 04, 2022, 10:41 AM

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