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Comparison of Average Savings, Deposits and Loan Rates at Credit Unions (CU's) and Banks For September 25, 2015, All Call Banks (National Average (National Product Rate) Average Rate) 5 Year CD10K 1.47 1.22 4
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All CUS (Currency Transaction Reports) are filed by financial institutions to report any transactions involving currency over $10,000.
Financial institutions such as banks, credit unions, and money service businesses are required to file CTRs.
CUS forms can be filled out electronically or manually, providing details about the transaction including the amount, date, and parties involved.
The purpose of CTRs is to help detect and prevent money laundering and other financial crimes.
CUS forms must include information about the transaction amount, date, parties involved, and the reason for the transaction.
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