Consumer CIP
A tool used to determine if a new customer can qualify for a Checking or Money Market account.
What is a Check Systems Report
Customers often include one or many of these to their account(s) to avoid probate in the event they were to pass away.
What is a Beneficiary (POD)
Auditing Cards @ Once requires one employee. True or False?
What is False
Banterra Bank was founded by Everette Knight in this year.
What is 1975
New customers must be entered into this federal database on the same day of account opening.
What is Verafin
Upon CD maturity, customers have ___ calendar days to make any changes before it automatically renews.
What are 10
Policy states the same person may count multiple days in a row when balancing the vault. True or False?
What is False
Banterra Bank sponsors this local Illinois College.
What is Southern Illinois University
This is needed when a new customer's address doesn't match what is on their Photo ID.
What is Address Verification
Certificates of Deposit automatically compound and credit _______, unless chosen otherwise by the customer.
What is Quarterly
When auditing the cash vault, it's unacceptable to use the cash counting machine.
What is False. Can be used for bills $1 through $20.
What are 6