The Products
This is the basic requirement to be a member of ORNL
Membership Account (Base Share)
Spending Account, Spending Plus Account, and Digital
This product allows members to send money to other people, even if they are not ORNL members
P2P (Pay a person)
What product pays the difference between the insurance total loss settlement check and the loan payoff
GAP
This product will help members shop for coverage with multiple companies on their behalf with an average savings of $500
7 Insurance
Name the three basic requirements needed to open an account
SSN/ITIN, Government ID with correct address or proof of address, $1
What type of product will help a member earn more dividends while allowing them to access funds
Money Market
To avoid a $2 paper statement fee we offer (blank)
Estatements
Name the 3 events covered by debt protection
Death, disability, and involuntary unemployment
This is a line of credit that uses a house as collateral
HELOC (Home Equity Line of Credit)
FYI - We do not process these in the branch
What is the main difference between a credit union and a bank
A credit union is non profit and has board members that serve unpaid.
A bank has shareholders and require a profit to be made
What product will allow a member to select a term and higher dividend rate for funds
Certificate
This online feature allows members to get text or emails regarding their account
E Alerts
This product helps members build credit while paying an extremely low rate
Share Loan
This is a great for someone looking to retire or change jobs and have a 401k rollover
Wealth Management
Which spending account pays a dividend
Spending Plus
These serve as revenue for the branches while also allowing a member to safely and securely store items under lock and key
Safe Deposit Box
This product allows a member to deposit a check on the online banking platform
Remote Capture Deposit
This product is great at building capacity and a great referral product for someone who travels a lot
ORNL Visa
This company can help a business with websites and pay portals and devices
Atlantic Merchant Services
What are two of the "perks" for Spending Plus
Two free boxes of checks a year
1/2 off first year of safe deposit box rental
No fee for domestic wire transfers
up to 4 free money orders or cashier's checks per quarter
This product will deposit the change on debit card transactions into the savings to help members save money
Roundup
This feature can assist a member pay bills, send money to people
Bill Pay
This product helps open capacity as well as serve as a great product to refer for overdraft protection
Line of Credit
Business Account referral for a company that will assist the members with payroll and other financial needs
PayChex