This is offered to members depositing money for a specified length of time (6-60 months).
(Bonus: Double Points) Say the complete name instead of just the acronym.
What is a CD (Certificate of Deposit)
Ms. Rodriguez wants Planet Fitness to stop automatically taking money from her savings.
She asks you to place this on her account as a solution.
What is a Stop Payment
An interest-bearing, tax advantaged account designed for people with high deductible health plans.
What is Health Savings Account
Ms. Parkers debit card was temporarily blocked with this description until she could verify a few suspicious transactions.
What is Warm Card
This allows individuals to direct pretax income towards investments that can grow tax-deferred.
(Bonus: Double Points) Say the complete name instead of just the acronym.
What is IRA (Individual Retirement Account)
This is a written authorization to represent or act on another's behalf.
What is Power of Attorney
This type of interest earning product is NOT NCUA insured, has NO Credit union Guarantee, and MAY lose value.
What is an LPL Account or (any product opened with an LPL investment advisor)
When you get a mortgage most lenders prefer to set this up so they can pay your property taxes and insurance premiums for you.
What is Mortgage Escrow
This is a popular estate planning tool that you can use to determine who will get your property when you die.
What is a Revocable Living Trust account
This is where a partial loan payment is placed until the entire amount due (for the month) is paid.
What is Unapplied Funds