Checking
A traditional account with no monthly service charge or minimum balance requirement and an optional interest-bearing upgrade.
What is Select Checking?
A high yield savings account with exceptional dividends on every dollar saved plus opportunities to earn bonus rates.*
What is Cultivate High-Yields Savings?
These days are the days Eric is at our West Eugene Branch and is a great opportunity to see if a member would like to sit down in the moment.
What are Tuesdays and every other Friday?
This type of card can be referred if a customer said that they were recently denied for our Platinum Visa card.
What is Secured Platinum?
Member comes in to make first payment on a new auto loan and excitedly chats about how happy they are. This product would be a great topic to mention:
What is GAP Insurance?
$18 is the base or minimum cost for this item.
What are drafts/checks?
This is the age at when an owner of a Vault Youth Savings account can obtain a debit card.
What is 13 years old?
This type of insurance quote requires a VIN number and is information we already have on file if the auto loan is with Selco.
What is Auto Insurance?
This is the process of obtaining current or previous housing, employment status with wage, verifying a copy of ID is on file or scanned, and obtaining a signature from the member.
What is filling out a Paper application?
Member comes in and talks about an inheritance of a very large amount they will be receiving sometime in the near future. This product could be beneficial to large funds arriving and will be in the account for 2 to 5 years.
What is SIRS?
Bonus 100 points: What is an example of a teller response when hearing about new money?
Used as a credit builder for customers who have colorful credit history and not for those who have history of fraud or account abuse.
What is Elevate?
Additional bonus options for this savings product are listed under #6 of the savings rate sheet disclosure section.
What is Cultivate High-Yield Savings?
The states a customer needs to reside in to qualify for an insurance quote.
What are Oregon and Washington?
This can be offered if you see the member has a Platinum Visa interest rate at 18% and their FICO score is 640 or higher.
What is credit limit increase?
A service agreement that is an optional paid service that prolongs the coverage of a product beyond the standard time, offering additional benefits and sold separately.
What is Extended Warranty?
True or False: A member can request drafts from Selco share(s) Checking and Membership savings.
False
This product is limited to a total of three withdrawals in any calendar month.
This is what we call the process of letting a member know we can bundle or save them money on insurance services.
What is insurance referral?
What are the benefits of Selco's Platinum Visa card? Name as many as possible.
What is the Deets? (Details or Benefits of)
Low interest rates, low starting balance, no annual fees, no fees for balance transfers, travel notices are easy to do; These are all examples of.......
Another option to deposit or transfer funds into for a longer length of time. It is subject to market fluctuations but is a great option for members who have larger amount of funds in a basic service account.
What is SIRS?
This product is a great referral but not listed on our website or made aware to the general public but we can offer for those who don't qualify for our standard checking account or are a single service member.
What is Elevate?
A liquid option for members to place larger amount of funds and still earn dividends that are a little less or equivalent to a CD. (Great product to refer for new money)
What is Cultivate High Yields Savings?
Bonus 500 points: Name the tier levels and balance requirements.
Member comes in to purchase a cashier's check for their monthly rent. This product could be beneficial to see if we could save them money.
What is Renter's insurance?
There is no fee for this process of utilizing a non-Selco credit card with rewards and then do this: ______ for no additional fee to have a lower interest rate paid for their charges.
What is balance transfer?
This qualifies as a referral and would be a great opportunity when a member brings in their first paycheck.
What is direct deposit?