Member-First Compliance for US Credit Unions
Federally insured credit unions serve 143 million members and hold $2.37 trillion in assets. FinCEN and NCUA hold credit unions to the same BSA/AML standards as banks. Sentinel™ delivers the AML/KYC compliance infrastructure your credit union needs.
NCUA & FinCEN Are Holding Credit Unions to Bank-Level Standards
Credit unions were once seen as lower-risk. That perception is gone. North Dade Community Development FCU was fined $300,000 by FinCEN and subsequently liquidated by NCUA after nearly $2 billion in high-risk MSB transactions flowed through the institution unchecked.
Sentinel™ provides credit unions with automated member screening, SAR and CTR filing support, beneficial ownership verification for business accounts, continuous monitoring, and immutable audit logs, at a scale and price point built for credit unions, not money-center banks.
Good Tip from Oscar
"North Dade Community Development FCU processed nearly $2 billion in high-risk MSB transactions before FinCEN noticed. It was then liquidated. A credit union's community mission is admirable. That mission ends if the BSA programme fails."
Key AML/KYC Regulations Sentinel™ Helps You Meet
BSA / 12 CFR Part 748
All federally insured credit unions must maintain written AML programs, file SARs and CTRs, and comply with FinCEN's CDD Rule for business member accounts.
FinCEN / NCUA NPRM (April 2026)
FinCEN's April 2026 NPRM proposes requiring all FICUs to maintain effective, risk-based AML/CFT programs with mandatory risk assessments. Comments due June 9, 2026.
USA PATRIOT Act / CIP
Credit unions must maintain a Customer Identification Program verifying member identity at account opening.
OFAC Sanctions Screening
Credit unions must screen all members and business accounts against OFAC's SDN list. Strict liability applies.
FinCEN SAR / CTR Filing
Credit unions must file SARs for suspicious transactions and CTRs for cash transactions exceeding $10,000 in a single business day.
FinCEN CDD Rule
When a business entity opens an account, credit unions must identify and verify the beneficial owners controlling 25% or more of the entity.
NCUA Examination Program
NCUA examiners assess the quality of a credit union's BSA/AML program. A weak program can result in a Matters Requiring Attention or formal enforcement action.
FATF Recommendations
FATF's updated recommendations require all deposit-taking institutions, including credit unions, to implement risk-based AML/CFT programs with PEP screening, sanctions checks, and continuous monitoring.
Everything Your AML/KYC Compliance Team Needs
Lowest False Positive Rate
Secondary matching criteria date of birth, citizenship, address eliminate erroneous alerts before they reach your team. Your analysts focus on real risk.
Continuous Customer Monitoring
Your full customer portfolio is automatically re-screened when watchlists update. No manual batch jobs. No compliance gaps between periodic reviews.
Un-editable Audit Logs
Every decision, every alert, every override is timestamped and logged in an immutable audit trail. Fully exportable for examiner review at any time.
Real-Time API & Batch Processing
Integrate at onboarding via Real-Time API, or run batch screening across your full portfolio. Same-day go-live less than one business day to integrate.
Global Watchlist Coverage
OFAC SDN, UN, EU, HMT, DFAT, and 50+ additional global sanctions lists all updated daily. PEP screening and adverse media in 5 languages.
Tier 1 & 2 Support
From user training to technical consultation. Dedicated support for large operations. Human support from compliance professionals not a help desk queue.
143 Million Members.
FinCEN Knows Where You Are.
The April 2026 NPRM didn't just apply to the big banks. NCUA signed it too. Sentinel™ was built for institutions that take compliance seriously without a hundred-person team. Read the Shinhan BSA case →
The irony of a compliance company having a disclaimer is not lost on us.
The information on this website is provided for general informational purposes only and does not constitute legal, regulatory, or compliance advice. Truth Technologies, Inc. makes no representations or warranties regarding the accuracy, completeness, or currency of the regulatory information presented. AML/KYC obligations vary by jurisdiction, institution type, and individual circumstances. Organizations should consult qualified legal counsel or a licensed compliance professional before making compliance decisions. Sentinel Compliance Platform™ is a product of Truth Technologies, Inc.