LOAN KNOWLEDGE
LENDING KNOWLEDGE
DEPOSIT ACCOUNT KNOWLEDGE
ELECTRONIC SERVICES KNOWLEDGE
MISCELLANEOUS
100
The amount of money a member has going out compared to what they have coming in is called a ___________?
What is Debt Ratio
100
Closing out a credit card after paying off the balance affects your credit score how?
What is negatively.
100
Vacation Club Account transfer into the Primary Share Account on what date?
What is May 1st
100
What website can members visit to get their current VISA Credit Card information?
What is www.ezcardinfo.com
100
When you want dividends on a CD to post at maturity, what frequency to choose?
What is Lump Sum.
200
A motorcycle loan is secured by what collateral?
What is the title.
200
A loan that is processed at a dealership without the member even coming in is called ______?
What is Indirect Loan
200
IRA is an acronym for what?
What is Individual Retirement Account
200
How long are E-Statements available online?
What is 2 years.
200
How often to dividends post on Money Market Accounts?
What is monthly.
300
Insurance that pays off the balance of the loan in the event of death is known as _______?
What is Credit Life
300
When paying off a loan a member may pick up a title if the loan is paid off with what?
What is Certified Funds.
300
Reg. CC applies to what account(s)?
What is checking
300
The code that pops up on the members screen when logging into their account online that assures they are on our website is called?
What is Confidence Word.
300
A member has a loan that shows no current amount delinquent, they are asking if their loan payment is ‘ok.’ The monthly payment is $490. They pay $250 bi-weekly. The loan is due 5/16. The partial pay amount is $300. They last got paid on 5/7. Is the loan caught up?
What is No.
400
What is the 3 day period from the time the member signs a Home Equity Loan and the time the funds are dispursed referred to?
What is Right of Recision.
400
What is GAP insurance?
What is covers the difference in the amount owned and the amount the insurance company pays out.
400
How often do dividends post on savings accounts?
What is quarterly.
400
How does a member sign up for TXT Banking?
What is on www.redbrandcu.com
400
When must Traditional IRA owners start making an RMD?
What is 70½
500
Members who have Credit Disability can file a claim after being off for an injury how many days?
What is 14 days.
500
A member pays his loan PD. The monthly payment is $325.46. He pays $82 a week. He has been laid off, but is back to work full time now. The May 4th payment is due in the amount of $121.36. How much does the member need to put on the loan for it to be caught up?
What is $203.36.
500
How much does a box of ECDS checks cost?
What is $11.53.
500
If a member uses their VISA Check Card as a signature based transaction, who incurrs a surcharge for processing?
What is the merchant.
500
What is the SD MICR number for member number 3000? (TEAM QUESTION)
What is 9000030.
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