NATIONAL CHECK PAYMENTS CERTIFICATION
EXAM SCRIPT 2026 COMPLETE QUESTIONS
AND ANSWERS
◉ How much are accounts insured for? Answer: $250,000
◉ What is Money Laundering? Why do criminals use it? Answer:
Money laundering is the act of putting large amounts of money into
an account and claiming it as a business so there are no doubts or
questions asked about said money
◉ Under Regulation D, how many 3rd party transactions are
members allowed? Answer: Members are allowed six 3rd party
transactions per month
◉ All depository institutions are required maintain reserve balances
under what regulation? Answer: Regulation D
◉ What are 3rd party transactions? Answer: 3rd party transactions
are transfers, withdrawals, done outside of branch
,◉ What is considered suspicious activity from members? Answer:
Fidgeting, member doesn't want to reveal a lot of information for
large wd or dp, little to no eye contact
◉ What is Regulation P? Answer: Governs treatment of private and
personal information by banks and other financial institutions
◉ Which presidents are featured on our currency? Answer: grant,
jefferson, washington, franklin, jackson, hamilton, lincoln
◉ What are the 7 Cooperative Principles? Answer: Concern for
others, voluntary and open membership, democratic membership
control, member's economic participation, autonomy and
independence, education/training information, cooperation among
cooperatives
◉ Why should we update member addresses? Answer: To make sure
we are able to contact/send alerts/memos to member's if phone
number/email changed
◉ Where is the Mortgage Department located and what do they do?
Answer: Mortgage is located at Campus, and they handle processing,
closing, and opening of mortgage loans
◉ What year was the CU established? Answer: 1936
, ◉ What are some of the rewards we offer our members? Answer:
Earn your return, community rewards
◉ Where can non-members perform Shared Branching
transactions? Answer: North valley, montgomery
◉ Where are the Investment Services and Business Services
departments located? Answer: Both are located at campus location
◉ What are the CUs Mission and Vision statements? Answer: We are
the trusted financial resource for our members, providing them
personalized solutions and the convivence. Technology, and
accessibility of today and tomorrow.
◉ How would you explain the benefits of using signature-based
transactions on our debit cards? Answer: By using signature-based
transactions you can help contribute to various organizations, while
also earning 0.25% cash back at the end of the year, with no extra
fees.
◉ When are annual compliance courses due and who do you contact
for help? Answer: Due at the beginning of the year, have to contact
training department
EXAM SCRIPT 2026 COMPLETE QUESTIONS
AND ANSWERS
◉ How much are accounts insured for? Answer: $250,000
◉ What is Money Laundering? Why do criminals use it? Answer:
Money laundering is the act of putting large amounts of money into
an account and claiming it as a business so there are no doubts or
questions asked about said money
◉ Under Regulation D, how many 3rd party transactions are
members allowed? Answer: Members are allowed six 3rd party
transactions per month
◉ All depository institutions are required maintain reserve balances
under what regulation? Answer: Regulation D
◉ What are 3rd party transactions? Answer: 3rd party transactions
are transfers, withdrawals, done outside of branch
,◉ What is considered suspicious activity from members? Answer:
Fidgeting, member doesn't want to reveal a lot of information for
large wd or dp, little to no eye contact
◉ What is Regulation P? Answer: Governs treatment of private and
personal information by banks and other financial institutions
◉ Which presidents are featured on our currency? Answer: grant,
jefferson, washington, franklin, jackson, hamilton, lincoln
◉ What are the 7 Cooperative Principles? Answer: Concern for
others, voluntary and open membership, democratic membership
control, member's economic participation, autonomy and
independence, education/training information, cooperation among
cooperatives
◉ Why should we update member addresses? Answer: To make sure
we are able to contact/send alerts/memos to member's if phone
number/email changed
◉ Where is the Mortgage Department located and what do they do?
Answer: Mortgage is located at Campus, and they handle processing,
closing, and opening of mortgage loans
◉ What year was the CU established? Answer: 1936
, ◉ What are some of the rewards we offer our members? Answer:
Earn your return, community rewards
◉ Where can non-members perform Shared Branching
transactions? Answer: North valley, montgomery
◉ Where are the Investment Services and Business Services
departments located? Answer: Both are located at campus location
◉ What are the CUs Mission and Vision statements? Answer: We are
the trusted financial resource for our members, providing them
personalized solutions and the convivence. Technology, and
accessibility of today and tomorrow.
◉ How would you explain the benefits of using signature-based
transactions on our debit cards? Answer: By using signature-based
transactions you can help contribute to various organizations, while
also earning 0.25% cash back at the end of the year, with no extra
fees.
◉ When are annual compliance courses due and who do you contact
for help? Answer: Due at the beginning of the year, have to contact
training department
