Loan Ranger
I am a line of credit secured by my home.
What is a HELOC
Wait too long to cash it, and after this many days a check may be stale.
What is 180 days
The future's still bright, but skipping the monthly requirements in this account will cost you $15 and all your interest.
What is a Brite Future Checking?
Banks must verify customer's identity at account opening under this program.
What is Customer Identification Program (CIP)
I am an unsecured line of credit and I help prevent overdraft fees.
What is a DDL?
This type of check goes on a little journey-Written to 1 person, then signed over to someone else to cash it.
What is a 3rd party check?
This account is fine with unlimited face to face withdrawals, but the 7th remote withdrawal triggers a $2 oops fee.
What is a Money Market.
Trying to dodge reporting rules by breaking up cash deposits? That's a big "don't bank on it" under this law.
What is Bank Secrecy Act (BSA)
It's not Optimus. This rate helps determine a loan's interest rate.
What is Prime Rate?
A check made out to this type of customer cannot be cashed and must be deposited instead.
What is a business customer?
At this age the statement fee becomes eligible for waiver, but wont disappear without banker intervention.
What is 62?
If it smells fishy, even if its under dollar limits, this report must be filed within 30 days of the transaction.
What is Suspicious Activity Incident Report (SAIR)