FinCEN 314(a) Scan
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Screen ID: Screen Title: Panel Number: |
UFINCEN-01 Scan Records for FinCEN 314(a) 3981 |
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Access this screen by selectingTool #769:Run FinCEN 314(a) Scan.
Auditors will love the time they are saved by using the on demand manual FinCEN scan, built directly into CU*BASE. By using the new scan, they can quickly run the credit union membership against a file downloaded from the FinCEN website. The scan will review open (MASTER) and closed (MSHIST) membership files as well as non-member (MSNONMBR) files and provide a printed report for reporting on the FinCEN website.
Interested in using this feature? Contact a Client Services Representative to request upload privileges for your auditor. This individual will use the existing upload process available using Tool #374: File Upload (PC to Systemi) to upload the file to the system.
Once the files are uploaded, press Enter to run the scan.
IMPORTANT: Once the scan is run, the FCPERSON and FCBUSINESS files on the iSeries will be cleared. If you wish to run the scan a second time to produce another report, you will need to upload the files again to the iSeries. SEE ALSO: Running FinCEN 314a Scan Against Your CU*BASE Database for directions on uploading the files.
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NOTE: The dates on the screen are the dates the files were uploaded to the iSeries.
How the Scan Works
The file scans for first individuals with matches to the FCPERSON file, looking for matches to the MASTER (current members), MSNONMBR (current non-members), and MSHIST (closed members). It also scans CHKMS (corporate draft payees) and WIRE (wire recipients). (MSNONMBR scans are retained for 12 months.)
The scan looks for positive matches with FCPERSON for the following three required fields:
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FIRSTNAME
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LASTNAME
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BIRTHDATE
(Matches to Alias First Name, Alias Last Name and Birthdate will also appear in this section.)
The scan also looks for organization matches to the FCBUSINESS file. The scan looks for positive matches to the following required fields:
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BUSINESS NAME
(CU*BASE compares against Last Name, First Name, Middle Initial data in CU*BASE for this match. Dates are not matches to this file, since they can be variable.)
When the scan finds an individual or organization with matches to all of the required fields, the scan then also continues to scan the following fields for determine whether the data in these fields result in a match.
FCPERSON - Individuals
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Middle Initial
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SSN
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Address 1
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City
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State
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Zip + Zip 4
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Country (If the foreign address field in CU*BASE is checked, the scan analyzes the CU*BASE country name (which is stored in the City field) against the FinCEN file. If the foreign address field is not checked, the scan checks to ensure the FinCEN country name is US or USA.)
FCBUSINESS - Organizations
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TIN
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Charter Date
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Address 1
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City
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State
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Zip–Zip 4
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Phone
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Country (If the foreign address field in CU*BASE is checked, the scan analyzes the CU*BASE country name (which is stored in the City field) against the FinCEN file. If the foreign address field is not checked, the scan checks to ensure the FinCEN country name is US or USA.)
What Results Show On the FinCEN Report
The report first lists the FCPERSON scan matches; these results are further broken down by file – MASTER, MSNONMBR, and MSHIST. Next the matches to FCBUSINESS are listed. Individuals and organizations that appear on the report matched all required fields, and these matches appear as separate lines on the report.
The report assists auditor with determining if any of these “suspect” individuals or organizations are false positives by listing the results of all other scanned fields. Each additional field is listed on a separate line of the report. (Fields not containing data – blank fields are not shown on the report.) An asterisk next to a field indicates that there was not a match.
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For example, if John Smith appears on the report, he is suspect since his first name, last name and birthdate resulted in a match. However, if all of the other fields on the report include asterisks (indicating no match), it is more likely that he is a false positive.
Report Sample
