MidWest Jeopardy

Lending

100

T or F: A member can make a principle only payment on an auto loan. 

False. Our loans are simple interest loans. They will always collect interest due first and the remaining balance applies to the principle automatically. 

200

This is the department you contact for mortgage payoffs.

Mortgage Servicing 

300

This type of mortgage can be tricky since it does not show on the members account. 

HELOC

400

When an insurance company doesn't send enough to pay off a total loss, this department is notified and provides the staff with the next steps.

Credit Solutions

500

This is the amount of time a title will be held if the loan is paid off by a Cashiers Check. 

10 Business Days

This and That

100

This program gives back to local schools and clubs

Affinity Debit Cards

200

This service enables members to transfer funds from bank to bank through their MidWest America digital banking

FI to FI

300

This $7/yearly subscription provides members over the age of 50 and with a minimum account balance of $3000, multiple benefits, including discounts on safe deposit boxes, free phone transfers and cashiers checks. 

Patriots Club

400

This type of account requires an individual 18 years or older to be joint on all shares. 

Minor Account

500

This government regulation includes: Opt In/Opt Out, ODT and NSF fees.

Reg E

MWA Products & Services

100

MidWest America does not offer cash advances on this type of card.

Discover

200

This share can be opened for a member to pay for items like: Band-aids, glasses or prescriptions. 

HSA

300

Effective March 1st, this enhanced product became available to all members for only $5 a month. 

Ultimate ID Plus

400

This is the shortest term option available for rate matching a certificate.

12 months

500

This system allows staff to assist a member with moving deposits or accounts to MidWest America. 

ClickSwitch

Power of Attorney & More

100

This common acronym shortens the phrase Power of Attorney

POA

200

This document is required for any account with a deceased member.

Death Certificate 

300

If an estate is less than $50,000 and it's been 45 days since the member passed away, this form is accepted to allow access to an account. 

Small Estate Affidavit 

400

This type of account is opened when a member passes away and the family is paying for funeral cost. 

Estate Account

500

T or F: On a Representative Payee account, the prime member is the only individual allowed to conduct any business on the account. 

False

Century Account

100

This is the minimum amount to open a Century Account

$100,000

200

This share has the same interest rate as the Century Account, if the balance falls below $100,000 at any point during the month

Regular Savings Account

300

The Century Account has a limit of 6 withdraws per month, and will be charged this amount per additional withdraw.

$5

400

Members may open up to 3 of these type of shares, counting the new Century Account and HSAs. 

Checking Accounts

500

These types of accounts are not eligible for Century Accounts. (Hint: 3)

Trust Accounts

Business Accounts

Estate Accounts