Payments & Fees
WHEN THE BANK CHARGES A FEE DUE TO THE ACCOUNT HOLDER AUTHORIZING A TRANSACTION FOR MORE MONEY THAN THEY HAVE IN THEIR ACCOUNT
WHAT IS AN INSUFFICIENT FUNDS FEE (NSF FEE)?
A BANK ACCOUNT USED FOR DAILY TRANSACTIONS
WHAT IS A CHECKING ACCOUNT?
WHEN WAS WAFD BANK FOUNDED?
WHEN IS 1917?
AN ACCOUNT SUMMARY OF ALL FINANCIAL TRANSACTIONS OCCURING OVER A GIVEN PERIOD OF TIME ON AN ACCOUNT OFFERED BY A FINANCIAL INSTITUTION
WHAT IS A BANK STATEMENT?
APY
WHAT IS ANNUAL PERCENTAGE YIELD?
A REQUIREMENT THAT STIPULATES YOU MUST KEEP AN "X" AMOUNT OF MONEY IN YOUR ACCOUNT IN ORDER TO AVOID A FEE
WHAT IS A MINIMUM BALANCE?
A BANK ACCOUNT USED TO ACCUMULATE MONEY
WHAT IS A SAVINGS ACCOUNT?
WHO IS THE CURRENT CEO OF WAFD BANK?
WHO IS BRENT BEARDALL?
A WRITTEN ORDER FOR THE PAYMENT OF THE SUM TO A NAMED INDIVIDUAL
WHAT IS A MONEY ORDER?
PIN
WHAT IS PERSONAL IDENIFICATION NUMBER?
WHEN AN EMPLOYER PUTS PAY INTO THE EMPLOYEE'S ACCOUNT WITHOUT WRITING A CHECK TO THE EMPLOYEE
WHAT IS DIRECT DEPOSIT?
AN ACCOUNT YOU CANNOT WITHDRAWAL FROM OR DEPOSIT INTO WITHOUT INCURING A PENALTY, OUTSIDE OF THE GRACE PERIOD
WHAT IS A CERTIFICATE OF DEPOSIT?
WHAT WAS THE ORIGINAL NAME OF WAFD BANK?
WHAT IS BALLARD FEDERAL SAVINGS & LOAN ASSOCIATION?
THE FIRST RANGE OF NUMBERS IN THE SERIES OF NUMBERS AT THE BOTTOM OF THE CHECK THAT INDICATES WHICH FEDERAL RESERVE DISTRICT THE BANK ISSUING THE CHECK BELONGS TO
WHAT IS A ROUTING NUMBER?
ACH
WHAT IS AUTOMATED CLEARING HOUSE?
THE ACCOUNT HOLDER AGREES TO PAY THE BANK A MONTHLY FEE IN EXCHANGE FOR WAIVING FEES DUE TO AUTHORIZING WITHDRAWALS IN EXCESS OF THE BALANCE
WHAT IS OVERDRAFT PROTECTION?
A TYPE OF SAVINGS ACCOUNT THAT USUALLY REQUIRES HIGH MINIMUM BALANCES BUT OFFERS HIGHER INTEREST RATES
WHAT IS A MONEY MARKET?
WHY DID WASHINGTON FEDERAL CHANGE ITS NAME TO WAFD?
WHY IS TO DECREASE CONFUSION/MATCH THE STOCK MARKET?
THE CENTRAL BANKING SYSTEM OF THE UNTIED STATES. THIS WORKS TO PREVENT BANKING DISASTERS AND PROMOTE A HEALTHY ECONOMY
WHAT IS THE FEDERAL RESERVE?
AML
WHAT IS ANTI-MONEY LAUNDERING?
A POPULAR WAY TO PAY BILLS USING TECHNOLOGY TO REPLACE THE NEED TO PHYSICALLY WRITE OUT CHECKS
WHAT IS ONLINE BILL PAY (BILL PAY)?
A SPECIFIC TYPE OF BANK ACCOUNT ESTABLISHED TO MANAGE AND TRACK ALL TRANSACTIONS RELATED TO A "__" BETWEEN A BORROWER AND A LENDER
WHAT IS A LOAN?
WHEN DID WAFD BANK BECOME FEDERAL A STOCK ASSOCIATION?
WHEN IS 1982?
A U.S. GOVERNMENT AGENCY THAT HELPS PROTECT CONSUMERS BY REGULATING FINANCIAL PRODUCTS AND SERVICES, LIKE MORTGAGES, CREDIT CARDS, AND STUDENT LOANS
WHAT IS THE CONSUMER FINANCIAL PROTECTION BUREAU? (CFPB)
FDIC
WHAT IS FEDERAL DEPOSIT INSURANCE CORPORATION?