Bank: Code Of Business Conduct And Ethics! Trivia Questions Quiz

11 Questions

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Bank: Code Of Business Conduct And Ethics! Trivia Questions Quiz

These trivia questions quiz will test your understanding when it comes to Bank Code Of Business Conduct And Ethics! Working in a bank, you are expected to be a person of integrity, attention to detail, among other traits. Take the test and see if you know as much as you think about your line of work. All the best!


Questions and Answers
  • 1. 
    The Gramm-Leach-Bliley Act of 1999 restricts:
    • A. 

      How financial institutions participate in their communities.

    • B. 

      How financial institutions disclose information on customers to third parties.

    • C. 

      How many alarms are located at a financial institution.

    • D. 

      Employees ability to accept bribes from influential customers.

  • 2. 
    A Privacy Notice should:
    • A. 

      Be issued immediately upon the establishment of a customer relationship.

    • B. 

      Only be available as a brochure in the lobby of the branch.

    • C. 

      Be ignored.

    • D. 

      Be issued to all consumers even if they do not have a "customer relationship" with the financial institution.

  • 3. 
    TRUE or FALSE. "Nonpublic Personal Information" includes information from a credit report and any information collected through an Internet "cookie".
    • A. 

      True.

    • B. 

      False.

  • 4. 
    Community First Bank and Trust Board of Directors has designated ____________________ as the bank's Security Officer.
    • A. 

      Louis Holloway

    • B. 

      Elaine Chaffin

    • C. 

      Peggy McEwen

    • D. 

      Ellen Gray

  • 5. 
    Minimal security devices such as a lighting system for the area around the vault if it is visible from outside the bank and tamper-resistant locks on exterior doors and exterior windows designed to be open are specifically addressed in the:
    • A. 

      Bank Bribery Act.

    • B. 

      Code of Conduct

    • C. 

      Bank Secrecy Act

    • D. 

      Bank Protection Act

  • 6. 
    If you are involved in a robbery, you should:
    • A. 

      Panic and run.

    • B. 

      Do exactly what the robber says and stay calm.

    • C. 

      Scream.

    • D. 

      Do none of the above.

  • 7. 
    The Bank Bribery Act addresses and sets forth guidelines regarding:
    • A. 

      An internal code of conduct for employees.

    • B. 

      How to react during a robbery.

    • C. 

      How to be involved in the community.

    • D. 

      None of the above.

  • 8. 
    A Code of Conduct should specifically prohibit any employees, officers, directors, agents, or attorneys from:
    • A. 

      Working overtime.

    • B. 

      Soliciting business from friends and family.

    • C. 

      Accepting anything of value other than wages, salary, and so forth from anyone in connection with the business of the bank.

    • D. 

      Working for more than one employer.

    • E. 

      Soliciting anything from anyone in return for any business, service, or confidential information of the bank.

  • 9. 
    The bank's internal program regarding "Bank Bribery" should:
    • A. 

      Require employees to acknowledge the receipt of a copy of the Code of Conduct and agree to the adherence of the code.

    • B. 

      Establish an "opt out" option for customers.

    • C. 

      Set forth rigorous security standards for the bank.

    • D. 

      Direct employees how to participate in their communities.

  • 10. 
    During a Community Reinvestment Act examination by the FDIC, Community First Bank and Trust is examined as a:
    • A. 

      Small bank.

    • B. 

      Intermediate Small bank.

    • C. 

      Large bank.

    • D. 

      Mega bank.

  • 11. 
    TRUE or FALSE. A financial institution cannot be rated overall "satisfactory" unless "satisfactory" on both lending and community development tests.
    • A. 

      TRUE.

    • B. 

      FALSE.