Checking
This account cannot overdraw.
What is Free Checking?
Do all savings accounts need a $5 membership hold?
No, only one savings per TRO needs the membership hold, as that is their membership savings.
On the consumer Cash Back card, what percentage do gas purchases earn?
3%
Can RPIC work with a member who wants "low risk" investments?
Yes, RPIC has several low risk products that earn well. The RPIC reps are sensitive to the member's risk tolerance and will work with them to find the right fit.
What is the maximum personal loan amount?
$50,000.
High Interest Checking earns 1.75% on the first $______ of balances.
$15,000
What is the minimum balance to open or convert to a CU Online Savings?
$500
What things can a business owner control on employee credit cards?
Type of Merchant the card can be used with
Daily Limits
Turn the card on and off
Can you see your RPIC investment info on your Online Banking?
Yes!
What are the general auto collateral guidelines for age and mileage?
less than 10 years old, less than 100,000 miles.
The monthly fee for Bill Pay on Simple Checking
$3.95
How many Custodians can be on an UTMA savings?
Only 1.
What is the one time balance transfer fee?
3% of the total balance transfer
At what age should a member consider/purchase long term care insurance?
50-55 years of age.
What consumer loan does not qualify for GiveBack?
Heat Loan, because there is no interest income for the credit union.
On High Interest Checking, what does the member NOT get if they don't meet the qualifications?
Foreign ATM fee Refunds
High Interest (1.75%)
What is the fee for dropping below $10,000 on a Workers Money Market?
$7.00
Which cards have an annual fee?
Premier Rewards $99, Secured Card $35. The rest have NO annual fee.
What is the general percentage of annual income that someone needs to retire comfortably?
80% - this means if the annual income was $100,000/year when working the member will need $80,000/year for each year they live past retirement.
What is the minimum credit score requirement on 100% equities?
660.
On High Interest Checking what is the APR for balances above $15,000?
0.40%
What is the interest rate on a SaveUp Savings with a balance of $800?
5.00%
What's the annual cap on cash back for gasoline purchases?
$1800.00
What can you say to a member who states they already have an advisor?
If it's been years suggest that they have a free check-up with Michelle.
When choosing the disbursement option "deposit" on Meridian Link, at what point in the process will the funds actually be deposited to the member's account?
When the loan posts.