Key Takeaways - If You Deposit a Lot of Cash, Does Your Bank Report It to the Government? Depositing $10,000 or more in cash means your bank or credit union will report it to the federal government.
Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just ...
If you need to cash a check immediately, you have several options, depending on your banking situation and the check amount.