Checking accounts
Client's who are in our Performance checking account receive a no FFB fee for out of Network ATMs, plus up to how much per month in rebate?
$8.
Our business first savings account requires a minimum balance of what to avoid a monthly service charge?
$100.
Clients with our Visa rewards credit cards can elect to redeem their cash back rewards by two ways, what are they?
Cash back into FFB account and applied to card directly for statement credit.
What is the early close fee for a HELOC?
$500.
90 days.
Dream makers savings and a Premier Money Market.
What kind of savings account would you put someone in, with a balance of $15,000 when opening a Premier checking account?
Premier Money Market.
Clients can apply for our Visa platinum rewards credit card with a credit line up to what before it becomes a Visa Signature Rewards card.
$4,999, lines $5000 or more are considered visa signature rewards.
8 steps of getting a equity loan?
Application, qualification, initial underwriting decision, final approval, loan booking, closing, doc prep and clear to close.
What is the longest term for a titled loan and what vehicles does this include?
240 months. Boat, Motorhome and Camper.
What does a Ready Reserve do when an overdraft item is presented and what is the overdraft transfer fee?
Funds will transfer from an overdraft line of credit to cover the day's OD items and the fee is $12.
What is the fee when there's more than 1 w/d from a DreamMaker Savings account in a statement period?
$12.50
What are the three benefits about the Secured Credit Card?
$0 annual fee. 20.74% standard variable purchase APR. $300-2500 credit limits.
The maximum home equity line amount that we lend up to for a client with a LTV/CLTV of 89.9% is?
$500,000.
List 5 things on a Bizflex term loan.
Unsecured loan up to $50,000. Great for equipment purchases or other one-time investments. Fixed interest rate for easy budgeting. One-time lump some of fund immediately available. 5 year repayment period.
What are three benefits from a Business checking account?
You can choose if you want to receive interest, no monthly account maintenance fee and unlimited combined transaction allowance.
What is the daily balance in a First Money Market account for Free Paper Statements to be mailed?
$10,000.
What are the 5 C's of credit?
Capacity. Capital. Collateral. Character. Conditions
What is considered a live loan application when 6 items are entered and completed?
Address, loan amount, validated income, estimated property value, name, and SSN.
What are 3 of the Q's in non-equity quick loan closing?
Completing CSI document phase. Selecting the underwriter responsible for underwriting and if the loan has a preferred rate.
List 4 features that are unavailable with a Grandfathered Business checking account?
Online wire transfer.
Remote deposit.
Online banking cash management.
Fraud protection.
What is a First Paired savings and what is the interest earned on a First paired savings with $100k balance and over?
A business offering a savings program for their employees. It's used to benefit majority low or moderate income individuals. 0.10%
40%, 45%, 50% and 55%
What is the Blend and Encompass: Making a pizza! stand for?
Blend (borrower/loan officer starts application)
Encompass (fire up the oven!)
Processor (serves up the "pizza" to the underwriter)
What are some eligible assets for consumer non-real estate?
Bank deposits, cash equivalents (mmk), investments (personal trusts), retirement accounts.