Checking
This account allows all youth 17 years old and under to practice independence while teaching them how to save and spend wisely
Youth Spend Account
1st Advantage is a community charted credit union serving members since ....
1951
NAME ALL THE AFS PARTNERS
PRESTON, ALBERT, ALAN, SAM, AISLINN
rETIREMENT PLAN THAT OFFERS TAX DEFERRED EARNINGS
TRADITIONAL IRA
What makes credit unions different from banks? a. Credit Unions are not-for-profit b. Credit Unions give every member a credit card c. Credit Unions do not offer debit cards
Credit Unions are not-for-profit.
this checking gives members the opportunity to maximize their earnings son deposits.
High Yield Checking
how does someone qualify for membership
live, work worship or attend school in Hampton Roads and parts of NC, HAS AN IMMEDIATE FAMILY MEMBER THAT IS A CURRENT 1A MEMBER OR MAKE A $10 DONATION TO VERSABILITY
WHATS THE NEW COMPANY THAT AFS JUST STARTED USING FOR INVESTING
LPL
RETIREMENT OPTION THAT YOU CAN CONTRIBUTE TO PAST THE AGE OF 70 1/2
ROTH IRA
Banks use their profits to pay out stock holders. What happens to the profits made by a credit union? a. They are reinvested in the institution or paid to members b. They are paid to stock holders c. Nothing; there are no profits
a. They are reinvested in the institution or paid to members
This checking gives members the convenience and flexibility they need allowing to avoid a maintenance fee.
Advantage Checking
HOW MANY BRANCHES DOES 1A HAVE
14 NOT INCLUDING E-BRANCH
WHAT SERVICES DOES AFS OFFER
STOCKS, BONDS, ANNUITIES, MUTUAL FUNDS, RETIREMENT, LONG TERM CARE, 529 PLANS, LIFE INSURANCE
EDUCATIONAL SAVINGS WHERE WITHDRAWALS ARE TAX FREE IF USED FOR TUITION, BOOKS, AND OTHER QUALIFIED EDUCATION EXPENSES
COVERDELL
At a bank, a member is considered a customer. What is a member considered at a credit union? a. owner b. customer c. client
a. owner
This checking earns dividends with $250.00 or more. This account also provides purchase protection and extended warranty on purchases.
Preferred checking
EACH MEMBER MUST HAVE A
MEMBERSHIP CHECKING
AFS CAN HELP OUT MEMEBRS WITH TAX _____ INVESTMENT OPTIONS
DEFERRED
THE PERSON WHO CREATES A TRUST
What is Grantor, Settlor, Trustee
What is the primary complaint about credit unions from the banking industry? a. unsafe investment in the stock market b. too difficult for bank customers to payoff loans at a credit union c. competition because credit unions offer lower interest rates on loans
c. competition because credit unions offer lower interest rates on loans
this account receives free standard 1A checks, 5 free money orders or cashiers checks, free online banking, and bill pay
Premier Checking
NAME THE CITIES AND COUNTIES THAT ARE IN OUR CHARTER
CHESAPEAKE, HAMPTON, NEWPORT NEWS, POQUOSON, PORTSMOUTH, SUFFOLK, VIRGINIA BEACH, WILLIAMSBURG, CURRITUCK, GATES, GLOUCESTER, ISLE OF WIGHT, JAMES CITY, MATHEWS, YORK
TRUE OF FALSE... AFS OFFERS CUNA PROTECTED OPTIONS
FALSE
This is the name of the document that give you the authority to act on behalf of the principal?
Power of Attorney
Credit unions in the United States were established to fight against: a. the government b. loan sharks c. banks
b. loan sharks