This account must always maintain a minimum balance of $5.00
What is the Regular Share Savings Account
100
This is the minimum credit score to qualify for an Access America Checking account
What is a 565 or higher?
100
This is the minimum opening deposit for a MMCD.
What is $1000?
100
This is the maximum amount that can be contributed per year for someone under 49 years of age.
What is 5500?
100
The form you would use to add a password to a members account when they suspect they may be a victim of fraud.
What is form L19?
200
This account must be opened with at least $25 but has no minimum required balance.
What is the Money Market Savings Account?
200
This is a fee which can be waived by maintaining a balance of $500 or more in my checking account or having a monthly direct deposit of $500 or more.
What is the $10 monthly service charge?
200
This is the current dividend rate for a 5 YR MMCD.
What is 2.35%?
200
This IRA type allows you to make tax free withdrawals after reaching the age of 59 1/2.
What is the ROTH IRA?
200
This form along with the official POA document and either the L12 or L14 will allow you to set up a POA restraint on the members account.
What is form 172, Agents Affidavit?
300
This limits the amount of withdrawals that can be made per month to no more than six from a savings account.
What is Regulation D?
300
I cannot perform this electronic transfer from another institution if I have a Limited Checking Account.
What is an ACH?
300
This is the penalty for CDs opened after May 2015 for 6 month Cds.
What is loss of the most recent 90 days of dividends?
300
This IRA like account is meant to help save for the future education costs of a child.
What is an ESA?
300
I will complete this form after collecting the Death Certificate when a member or joint owner has passed away.
What is Penguin Form 942?
400
This allows me to earn a dividend rate of 0.15% on my MMSA
What is a balance of $100,000 or more?
400
This account covers me in the event that I spend more than I have available in my checking account.
What is Overdraft Protection?
400
This is the amount of time a member has to wait to redeem their CD if it was funded via ACH.
What is 60 days?
400
This type of IRA allows for tax deductible contributions to be made.
What is the Traditional (Contrubutory IRA)?
400
I will use form 706 along with a version of form 13 to open this type of specialized account.
What is the VUTMA?
500
I can pledge my funds for a loan off this account at a rate of 2% plus my current dividend rate.
What is a regular share savings?
500
These ATMs can be found all over the United States at many Gas Stations, Pharmacies, and other stores.
What is the Allpoint ATM network?
500
This is the actual rate of return over the course of a year, which can potentially result in a slightly higher percentage in relation to the dividend rate. (If dividends are kept with principle)
What is the Annual Percentage Yield (APY)?
500
The form you would use to set up a yearly RMD ( Required Minimum Distribution) for a member that has reached the age of 70 1/2.
What is Form 735?
500
I will need at least these 3 forms if I am opening an Irrevocable Trust account.