Potpourri
How many Star Wars movies have there been?
Tolerance of +/- 2
12
Fast track and scored loans must have what agscore or better?
165
What are the 5 C's of Credit
Capital, Character, Collateral, Conditions, Capacity
Which office has the least amount of employees?
Coudersport or Charlestown are acceptable answers
What % of HFC interest expense should we be projecting as patronage?
20%
In what year was the public first able to access the World Wide Web?
Tolerance of +/- 2 years will be allowed
1991
When do you need an OFAC search?
The Association employee shall complete an OFAC screen when originating a loan to a new individual or legal entity or adding a new name to an existing account.
What does FCCR stand for?
Fixed charge coverage ratio
What does ACRES stand for?
Accountability, Collaboration, Relationships, Engagement, Stewardship
How many employees are in the Credit Analysis department?
Total as of 10/10/2023
Tolerance of +/- 4 allowed
42
Finish this product slogan "Its ______, or nothin"
Nerf
What are the 3 requirements of an account to NOT have to complete a full analysis for a credit line renewal?
1. PD 8 or better
2. Line has revolved as expected (i.e., the line has been paid down to at least 40% of its limit within the past 12 months)
3. A full credit risk analysis has been completed within the past 18 months
Based on the optimist trending guidance for the CA team, what term do we amortize HELOC's over?
20 years
What are HFC's four 2023 strategic focus areas?
Growth, speed, ease of use, employee engagement.
Name 1 reason we do not prefer to use Quick Books balance sheets.
No debt terms.
Usually Tax basis valuations.
What team did the Ducks defeat to become the 1995 District 5 Pee-Wee Hockey Champions in The Mighty Ducks?
Hawks
Name 1 of the 3 general guidance items for unsecured lending
Starting at what TAL should a landlord waiver be collected?
250k
Name the 5 industry workgroups
Poultry, dairy, cash grain, forest products, conservative communities
Name 5 of 7 categories that are accrual adjusted in the income statement in optimist.
A/R, A/P inventory, prepaids, breeding livestock, accrued expense and accrued interest.
This Starbucks coffee shop is known as Store #1 and are forbidden from putting names on customer cups. Where is it located?
Langley VA
Correctly assign the PD template to each of these industries:
1. Independent swine/poultry
2. Beef Feedlot
3. Orchard/Vineyard
4. Nursery/Greenhouse
1-3 are cash grain
4 is forest products
When setting flood insurance requirements, at a minimum, we must cover the lesser of what?
•The outstanding principal balance of all loans secured by this Real Estate; or
•The maximum level of coverage allowed for the type of property made available under the National Flood Insurance Program (NFIP)
What is the Shared Purpose of HFC?
Inspiring growth in our families, businesses and rural communities.
Name the Credit Analysts who were previously Farm Credit interns.
Melinda, Emily, Mason and Shelly