Common Industry Acronyms

Throughout the financial industry, there are everyday acronyms that are common place. CU*SOUTH is no exception. Below is a list of common acronyms that you might see. 

Acronym	Meaning
A2A	Account to Account
ABA/RTN	Routing Number
ACH	Automated Clearing House
ACT	Accounting
AFT	Automated Funds Transfer
AI	Asterisk Intelligence
AIRES	Automated Integrated Regulatory Examination System
ALLL	Allowance for Loan Loss and Lease
ANR	Automated Non-Returns (Courtesy Pay)
APR	Annual Percentage Rate
ARU	Audio Response / CU*Talk
BIN	Bank Identification Number
BP	Bill Pay
BSA	Bank Secrecy Act
CBO	Collections by Objective
CD	Certificate of Deposit
CFT	Check Funds Transfer
CIP	Collateral in Process of Liquidation
CNS	CU*Answers Network Services
CTE	Custom Training Environment
CTO Advantage	Chief Technology Officer Advantage (our Network Services)
CPI	Collateral Protection Insurance
CUA	CU*Answers
CUiB	CUinBalance
CUNW	CU*North West
CUS	CU*SOUTH
CX	Client eXperience
DFU	Direct File Update
DR	Disaster Recovery
EFT	Electronic Funds Transaction/Transfer
FCU	Federal Credit Union
FinCEN	Financial Crimes Enforcement Network
GL	General Ledger
HA	High Availability (Rollover)
IAT	International ACH Transaction
IFS	IBM File System
IRA	Individual Retirement Account
IRSC	Internet Retailer Support Center
ISA	International Service Assessment
MACO	Multi-Authentication Convenience Options
MAP	Membership Application Process
MOP	Membership Opening Process
NADA	National Automobile Dealers Association
NSF	Non-Sufficient Funds
OB	Online Banking
ODP	Over Draft Protection
OFAC	Office of Foreign Asset Control
OOB	Out of balance
OTB	Offline Trial Balance
OREO	Other Real Estate Owned
P2P	Person 2 Person (PayAnyone)
PAN	Payment Card Number
Pen Testing	Penetration Testing
PGM	Programming
PIN	Personal Identification Number
POS	Point of Sale
RDC	Remote Deposit Capture
S4	Site- Four
SAR	Suspicious Activity Report
SD	Share Draft
SH	Share
SIG	Signature (Based Transaction)
TIN	Tax Identification Number
UW	Underwriting/ -er