Security
April 8th Call
Pandemic Assistance
COVID-19 Update No. 7
Changes to Account Agreement and Fees
100

Best practice to utilize when entering building or branch requiring two individuals.

What is dual control?

100

When the Notice of Change in Terms went out to members.

What is March 31st?

100

Length of extensions members can request. ( There are 3)

What is 30, 60, 90?
100

3 things mentioned about the All Employee event?

What is cancelled at this time, a new date has not been announced, and the delay allows for more nominations for the Thrive Award?

100

These will now mimic how beneficiaries are designated on an account.

What are share certificates?

200

Amount of time it takes for someone to target you or someone else.

What is 7 seconds?

200
Effective date for all changes in terms.

What is May 5th?

200

Types of extensions that we are now processing on a branch level. (There are 3)

What is HELOC's, PSL's, and Credit Cards?

200

Who is mentioned to contact if you are available to assist in other areas of the Credit Union?

Who is Colin Anderson?

200

Sums payable to more than one surviving beneficiary are distributed this way.

What is equally? 

Working with Jack Henry to force Symitar to may this an equal amount rather than allowing 60/40, 10/90, etc.

300

Number to send silent alarm to police department.

What is 1313?

300

The one fee that will not become effective on May 5th.

What is the payment over the phone fee?

300

The one issue that CLS is running into in regards to HELOC, PSL, and Credit Card extensions.

What is the due date is referring back to the original due date?

300

Acronym for the NCUA regulatory rating.

What is CAMEL? 

Capital levels are strong

Asset quality is extremely good

Management is capable

Earnings re sustainable 

Liquidity is well-managed.

300

Case by case check holds will change to this amount.

What is $225? (Currently $200).

400

What is the phone number for Security? (You may utilize your cell phone for this one)

What is 865.410.6486?

400

This allows for the Credit Union to submit disputes to a third-party arbitrator who makes a binding decision on the dispute instead of going to court. 

What is an arbitration agreement?

Please note - members that have opened an account on or before 03/31/2020 can no longer opt out of arbitration after 05/05/2020.

400
Loans funded prior to November 1st, 2019 are allowed this many skip-a-pays while loans funded after this day are allowed this many skip-a-pays.

What is 2 and 1?

400

A quick reference will be provided by these individuals to communicate strengths with members.

Whos is Kristin Robertucci, Tom Wright, and Chris Hagans?

400
The amount of the exception hold for large deposits.

What is $5,525? 

(Currently $5,000)

500

Sanitize, _________!

Police force is a ________!

Obscurity? Call _______!

What is analyze, resource, and security?

500

The website that we can refer members to in regards to PPP?

What is the SBA.GOV?

500

Number of skip-a-pays or loan extensions that will cancel a members GAP.

0!

If a member does more than the allowed skip-a-pays or extension requests, then this will just deduct from the amount that will be paid out for a GAP claim. 

I.E. Member totals car. Loan was funded January 2020. Member completes a 3 month extension. Their payment is $500. So GAP will pay off everything but $1,000.

500

Number of pandemic loans we have completed and number of extensions we have completed? 

(Number can be within a difference of 5)

What is 130 and 1500?

500

Monthly cap for digital spending is changing to this?

What is no cap? 

Changing from $10 to no cap. Also, cash back amount is changing from .05 to .01 per purchase.

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