Departments
Departments Cont..
Credit Unions Vs Banks
Definitions
Random Questions
100

What does the Contact Center do? (Also, could be called the call center) 

What is answer all the incoming phone calls. 

100

Which department is the one that puts on events and teaches financial education? 

What is Community Relations and Financial Education 

100

The for-profit financial institution? 

Bank

100

At a bank/business you are a ____________. When you do business with them. 

 Customer 

100

Who can be a member of ALLIANCE? 

Anyone who lives, works or worships in Lubbock, or all the way up to Amarillo down to San Angelo over to New Mexico. 

200

What does HR Department stand for? 

What is Human Resources 

200

Which department would learn a new process or product first then teach it to rest of the employees? 

What is the Training Team. 

200

The Not-for-Profit Financial Institution? 

Credit Union

200

A savings account that pays you to keep your money at that institution is called what?

Interest Bearing Savings Account or Savings Rates

200

How many different Departments are there at ALLIANCE? 

12

300

What does the operations department do? 

What are Frontline Workers, Tellers, New Accounts, Consumer Loans, Mortgage Loans. All the people that work in the lobby. 

300

Who's in charge of protecting the Credit Union from Cyber Attacks? 

IT Department 

300

The FDIC? 

Is the Federal Deposit Insurance Corporation. They insure your money up to $250,000.

300

The amount of money you pay to borrow money. Is normally talked about as a percentage or rate? 

What is an interest rate 

300

Researching what products are currently being offered by other Financial Institutions is called what? 

Market Research 

400

Which Department is in charge of making sure we follow regulations called? (The Vice Principal) 

What is the Compliance Department

400

Facilities Department what do they do?? 

What is facilities department does building maintenance, landscaping, new builds and supplies. 

400

Credit Unions, Banks or Both have a Board of Directors? 

Both 

400

Developing a new account or new credit card type at a financial institution is called what? 

Product Development

400

A time where the President/Ceo the departments VP's and the Board meet to plan the goals and changes for the upcoming year. 

Strategic Planning 

500

Which department says, "who a business is" and is in charge of the "message"? 

What is the Marketing Department 

500

What department was referred to as the Stat Keepers?? 

What is the DATA Team. 

500

At a credit union you're a _______ when you have an account there?? 

Member/Owner 

500

Where business evaluate operations running smoothly to focus on reducing costs, and increasing customer satisfaction

What is Operational Efficiency

500

When you need a Home Loan you would work with what department? 

Mortgage Department 

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