CRCM Study Guide 2026
Everything you need to pass the CRCM exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CRCM Exam Format at a Glance
📚 CRCM Topics to Study (21)
✍️ Sample CRCM Questions & Answers
1. A bank's BSA/AML compliance program must be approved and overseen by whom?
BSA regulations require that the BSA/AML compliance program be approved and overseen by the board of directors or a senior committee.
2. Which of the following categories of workers needs to get instruction on how to utilize W-9 forms precisely?
W-9 forms are used to collect taxpayer identification information from individuals or entities that may be subject to certain reporting requirements, such as providing payments or income to them. The purpose of the W-9 form is to obtain the recipient's correct taxpayer identification number (TIN) and other relevant information for tax reporting purposes.
3. Under the CARD Act (Credit CARD Act of 2009), credit card issuers must provide how much advance notice before increasing an interest rate?
The CARD Act requires 45 days advance notice before a credit card issuer can increase an interest rate or make other significant changes.
4. Which federal agencies are responsible for conducting CRA examinations?
The three primary federal bank regulators — the Federal Reserve (state member banks), OCC (national banks and federal thrifts), and FDIC (state nonmember banks) — each conduct CRA examinations for their supervised institutions.
5. Under the GLBA, which of the following is considered 'nonpublic personal information' (NPI)?
NPI includes any financial information a customer provides to a financial institution, such as account balances and transaction data, that is not publicly available.
6. Enhanced Due Diligence (EDD) is required for which category of customers?
EDD is required for higher-risk customers, including foreign politically exposed persons (PEPs) and high-risk business types.