Quote Originally Posted by Ah Pook View Post
Not sure. On a few occasions I have had to deposit large sums of cash at my FCU. I was told that cash deposits over $5000 had to be reported to the govt. (not sure what dept). So, I made several $4999 deposits and all was fine. This has been a few years ago.
I was told the same about cash withdrawals $10k and over several years back. Although a coworker withdrew $20k cash less than a year ago, and all they said was, "please give us a day or two advance notice, so we make sure to have the cash on hand". No paperwork, nothing.

Who can keep up with all the rules, regs and changes?

This was a CU, BTW.