Account Roles
The person who appears first on a statement.
Who is the Primary Owner, or TRO?
On a Minor Account, the primary on the account is the (Blank) and the joint is the (Blank).
Who are the Minor and Adult Sponsor?
We offer CDs with terms from (blank) to (blank)
What is 3 to 60 months?
A (Blank) allows someone to act on your behalf. This person, called the agent, can be given the power to make decisions or handle accounts for you.
What is Power of Attorney (POA)?
This savings only offers dividends when the balance goes at or above $500.
What is the High Dividend Savings (HDS)?
Subsequent account owner(s)
Who are Joint Owner(s), or Non-Tax Signator?
This is the age at which a Minor can have a ATM card.
What is 13 yo?
Minimum amount needed to open a CD
What is $500?
The type of CDs handled by Deposit Account Services.
What are Retirement or IRA CDs?
A tax owner can have this many MyLife Savings accounts.
What is 1?
If all owners of an account pass away, funds in account are split evenly between (Blank).
Who are Beneficiaries or POD(s)?
Age at which a minor can receive a Debit Card.
What is 13 yo?
Members can submit maturity instructions via these means
What is via Digital Banking, in person, over the phone, email, or mail?
(Blank) is an account managed by an Adult for a Minor until they are 18 or 21
What is a Custodial Account?
The number of branch locations USALLIANCE has.
What is 9?
This type of account role ceases when the primary member passes away.
Who is Power of Attorney (POA)?
These are deposited one a year into the MyLife Kids Savings Account.
What are Birthday Bucks?
Upon maturity, a CD will automatically do this
What is rollover to the closest term and prevailing rate?
(Blank) is an account that allows a (blank) to hold assets on behalf of a beneficiary.
What is Trust Account and trustee?
A member can have this many MyLife Checking Accounts
What is as many as they want?
This person is designated by the Social Security Administration to manage funds on behalf of an individual.
Who is a Representative Payee?
T/F: Upon adulthood, a Minor can request to have the Joint Adult Sponsor removed from their account(s)
What is False?
The fee for early withdrawal is (blank) if the term is less than 18 months and (blank) if the term is 18 months or more
What is 180 days and 360 days? (of dividends on the amount withdrawn)
This is an account which manages a deceased member's money
What is an Estate Account?
An active checking has at least one of these two characteristics
What is has at least 1 direct deposit or 3 transactions per month?