IRA's
Loans
Name that Service
Living Trust
Name that Product
100
Individual Retirement Account
What does IRA stand for?
100
VISA Platinum with rewards and VISA Platinum
What loan's due date is the 16th of every month?
100
BALANCE
What service allows our member relief from feeling overwhelmed with financial issues?
100
We would advise our members to see an attorney
Where does someone go to setup a trust?
100
Simply Smart Checking (S9) eStatements and maintain at least $250 average monthly balance
What product offers Free 24hr Online Banking, Free Telephone Teller, Free VISA Debit Check Card, Cash back rewards, Free Worldwide ATM access and Free Overdraft Protection, if you have_______ and __________?
200
Traditional, Roth, SEP, and Coverdell
What type of IRA's do we offer at the Credit Union?
200
Real Estate Loans CENLAR
What are RELN loans and what company services them?
200
Mobile Banking
What service allows our members the ability to view their account balances, scheduled payments, pay bills, transfers, etc., right from their fingertips? Hint, it's not Online Banking!
200
Any Financial Service Representative
Who can help our members setup their trust account?
200
Money Market (S7)
What product generally earns a higher dividend, no monthly fee, and has a minimum withdrawal of $300 per transaction?
300
$2,000
What is the total contribution that can be deposited to a Coverdell each year?
300
Credit Union Direct Lending Washington, Oregon, Idaho, and California
What does CUDL stand for? What states do we offer CUDL?
300
Red Canoe Financial Group
What service is offered to our members who may have questions about investing, retirement, life insurance, etc?
300
ERNIE-Reference-Manuals-Financial Service Manual-Living Trust Section We need copies of the following sections: *Who are the Trustees *Who are the Successors *Trustee Powers *Signature Page *Certification of trust
Where would you search to find information about what documents a member would need to bring in to setup a trust and what documents are needed?
300
Flex Certificate
What product allows you a one-time bump up in rate, one-time withdrawal and one-time deposit, without a fee?
400
$5,000
What is the maximum dollar amount a member can deposit to their IRA at the age of 45?
400
VISA, Home Equity LOC, Line of Credit (L3), VISA Platinum with Rewards, and VISA Platinum
What loans have a 3 day grace period?
400
Option 1: Loss of Life, Disability, Unemployment Option 2: Loss of Life, Disability Option 3: Loss of Life
What three options do members have to choose from with Payment Security Protection?
400
Most often, this is the trust member. They're responsible for managing the trust assets.
What is a Trustee?
400
Payable on Death Account (ITF)
What product is setup for "in-trusted for a child" and the child is listed as the beneficiary for this account?
500
January 1st- April 15th or whenever taxes are due
What is the date range a member can deposit to their IRA for the previous year?
500
An IRA
What type of an account is not eligible to borrow against for a shared/certificate secured loan?
500
Bill Payer
What service do we provide that offers our members to pay their bills from one central page with no fee, unless they do no pay one bill in a 30 day cycle?
500
*It avoids probate-which means a faster distribution of assets. *It could save you money-trust cost money to setup but so does a will. A will however, will have to go through probate. *A living trust automatically appoints someone to oversee your affairs- meaning court can be bypassed and the successor trustee will be in complete control of your assets once you pass away or become incapacitated. *It provides privacy-A living trust is not made public, upon your death, your estate will be distributed in private. A will is publice record and so are all of the transactions.
What are some advantages of having a trust?
500
Youth, Estate, Guardianship, and Representative Payee
What accounts cannot be accessed by the primary account holder?
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