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The fedgov is unlikely to know unless your banker gives a heads up. I’ve heard several stories of bankers complaining about “lots” of paperwork requirements for $10k deposits. The banker then “suggests” the structured deposits to avoid the paperwork. Boom, client gets busted for structuring.
Sounds like an entrapment / kickback scheme between banker and fedgov. Don’t fall for it.
When I sold my house, I deposited my equity temporarily until I could buy new house. The paperwork was a one page sworn affidavit with 2 blanks to fill in: source of funds and signature.
I wrote “proceeds, sale of family home” and signed it. Banker said it was a formality, kept on file by the bank, not the government.
She said if later I’m investigated as a terrorist or dope dealer, ( she laughed about this) THEN fedgov could look into my bank records. IOW evidence of illegal activity should exist first, then a falsely sworn statement could be evidence of perjury.
Nobody should try to discourage you from filling out a routine form, and the government has no right to confiscate anyone’s money under these circumstances.

The fedgov is unlikely to know unless your banker gives a heads up.

Not anymore.

The Obama administration went after several banks for not filing Suspicious Activity Reports (SARs) on deposit and withdrawls.

Most people think that amount is $10,000. No, it is much lower, and can even be for any amount that the bank feels like filing a SAR!

Many banks have set up "automatic" filing reports on withdrawls. They won't tell you the amount of the threshold.

We live in very dangerous times.

From March 2015:

"The Justice Department is ordering bank employees to consider calling the cops on customers who withdraw $5,000 dollars or more, a chilling example of how the war on cash is intensifying. Banks are already required to file ‘suspicious activity reports’ on their customers, with threats of fines and even jail time for directors if financial institutions don’t meet quotas. But as investor and financial blogger Simon Black points out, last week, “A senior official from the Justice Department spoke to a group of bankers about the need for them to rat out their customers to the police.” Assistant attorney general Leslie Caldwell gave a speech in which he urged banks to “alert law enforcement authorities about the problem” so that police can “seize the funds” or at least “initiate an investigation."

http://www.infowars.com/feds-urge-banks-to-call-cops-on-customers-who-withdraw-5000-or-more/

You bank may even be filing SARs just to head off any investigation or criminal filing by the "Just Us" Department.