From left: Cari Humphries, AVP of marketing, Freedom First FCU, Salem, Va.; Paul Phillips, CEO, Freedom First FCU; and Pete Dzuris, CEO of Northland Area FCU, Oscoda, Mich., CUNA Board member, and chairman of CUNA’s Community CU Committee.
From left: Pam Rowe, board member, BayPort FCU, Newport News, Va.; Monte Crowl, vice president of marketing, BayPort FCU; and Dzuris.
Dzuris and Paul Woodruff, vice president of community development, St. Louis (Mo.) Community CU.
Dan Cumbee, CEO, Dakotaland FCU, Huron, S.D., and Dzuris.
Human trafficking, money laundering, trade-based money laundering and terrorist financing all come with their own sets of red flags for financial institutions. In addition, entities such as money services businesses and cash-intensive businesses can be legitimate, but also have potential to be used for illicit activities.