What is the intro rate on HELOC & the Term.
.99 for 6 months.
What is the min credit line?
5K
What are 3 choice checking Benefits/ NOT features.
You do NOT have to have a checking account.
True or False
False
What is the starting current rate on our auto loans.
1.99 is the starting rate.
You can do a HELOC on your rental property.
True or False
False
It has to be on your primary residence
The rate is fixed depending upon your credit score.
True or False
False.
How many choice checking options do you get?
3 Per Checking accocunt.
The interest rate is 5%.
False the interest rate is 3%.
What is the max term we can go on auto loans?
84 Months.
What is the min. advancement to avoid closing cost?
10k
1.25 per every dollar
What is the courtesy pay fee?
$30
Why is it important to enroll in estmns?
Mbr will then receive a 5% match on top of the 3% interest if enrolled in estmnts.
This also saves the credit union money.
You have to be a member to apply.
True or False.
False
Anyone can apply but if approved you have to open a savings account.
Only a loan officer can do HELOC advancements.
True or False
False.
Anyone can do a advancement through the specfile menu for fixed payments.
We are still doing the 0% interest on balance transfers? True or False
What is the fee?
True
$5 or 3% whatever one is larger.
What is the transfer fee from savings account?
$5
Only the Primary members debit card will round up.
True or False
False any joint member that has a debit card will round up.
What is GAP insurance?
This is the difference your auto would be worth vs. what you owe if you wreck the auto. Gap covers the difference.
What is different about our new HELOC?
Intro rate is 6 months and EVERYONE gets it.
Can fix out your pavements for princ. and interest in segments.
Prime plus margin rite after the 6 months.
What is a cash advance? & What is the fee?
Where you are getting cash of the line of credit.
5$ or 3% whatever is larger.
How old do you have to be to open a checking account?
13
Only new members can get a Centsible Savings.
False, any member with a checking account can add it at anytime.
You get a discounted rate on auto loans if you have a checking account.
True Or False
True.