RED Flags
This warning appears if an applicant has started or submitted another application in Opening Act.
What is a Duplicate Warning?
This is the amount required to open and fund a Checking Account?
What is $25?
You're under 18? No worries, we can put you into this type of account.
What is a Youth Account?
These two reports auto generate on every new membership for qualification analysis.
What are the Qualifile and Credit Reports?
When an account owner has to change their name, this form must be signed.
What is a W9?
This warning appears if an individual's SSN is associated with a membership or loan that has cause the credit union loss or been involved in other suspicious activity.
What is a High Risk Consumer warning?
This type of checking can provide up to $10 in monthly Out-of-Network ATM fees
What is a Bonus Debit Checking?
This membership is opened when the Social Security Administration or Department of Veterans Affairs authorizes a person to make transactions on behalf of an individual who cannot manage or direct the management of his/her own money.
What is a Representative Payee Membership?
A member who receives a 9999 on a Qualifile report will need to be approved for products based on this.
What is the Credit Score?
These four fields of information are required for adding a Beneficiary to an account.
What are first and last name, suffix if applicable, date of birth, and phone number?
This flag can appear if the applicant has recently moved.
What is Address Match Fail/Address Discrepancy?
This checking type does not allow any overdrafts or checks
What is a SureBalance checking?
This type of financial account is opened by an individual and managed by a designated person for the benefit of a third party per agreed-upon terms.
What is a Trust Account?
This is the only checking possibility with a Qualifile score below 526.
What is a SureBalance Checking?
This form must be signed by existing account owners as well as anyone being added to the account.
What is the Account Change Card?
This is an internal list of individuals or identifying information that have been flagged for various reasons and can only be cleared by calling Fraud Prevention.
What is a Hot List Item?
If you enroll in eCommunications and complete at least 10 monthly debit card transactions, this account will give and interest dividend.
What is an Advantage Checking?
This is the document from the courts naming the Personal Representative to open a Specialized Account such as an Estate account.
What are the Letters of Administration?
This is who must qualify for membership on a youth account.
Who is the Joint Owner?
To post closing dividends before closing a share, this code must be used.
What is SV?
When clearing most Red Flags, you must obtain a Primary ID AND at least one of these.
What are a Secondary ID and/or ID Authentication Questions?
This checking can ONLY be opened with the UNF branch.
What is an UNF VIP Checking Account?
This is most common trust for a minor. The donor irrevocably gifts the money to the trust. The money then belongs to the minor but is controlled by the custodian until the minor reaches the age of trust termination.
What is an UTMA?
There are no exceptions to override this decision on a Qualifile Report. The applicant does not qualify for memebrship.
What is a Decline?
The only person on the account who can close the entire membership and receive the last $5.
Who is the Primary?