Let's get down to "Business"
A business money maker will be charged $7 if the monthly average balance drops below this amount.
What is $2,500?
This is the daily maximum for purchases using a Visa check card.
What is $5000?
A savings account that can be used for any purpose without a monthly fee that does not require a minimum balance.
What are...?
Membership daily dividend
Money Maker
At this age, a person must start taking a Required Minimum Distribution (RMD) each year.
What is 73?
A business member who is looking for something to help them with cash flow would benefit from this.
What is a business line of credit?
These are the overdraft services available for members.
What is Cash Reserves, CheckOk and Courtesy Pay?
If your monthly average balance drops below $50,000 on a Tiered Savings Account, your account will be charged this fee that month.
An IRA plan that an individual can make after-tax contributions and the account grows tax free.
What is Roth IRA?
All business owners should have this to protect their reputation within the community and their employees.
What is business overdraft protection?
This service has a monthly fee of $6.00 only if you do not maintain an average monthly balance of at least $1,000.
What is Premier Checking?
The penalty to withdraw funds from a certificate early to invest with wealth.
The age an individual can take a distrubtion, for any reason, without paying a 10% penalty.
What is 59 1/2?
Often offered as a group benefit, but small business owners should purchase this type of policy to cover their wages in the event they are unable to work.
What is disability insurance?
This spending account does not incur any monthly service fees regardless of the balance.
What is a Free checking?
This savings account charges a $10 monthly fee if your monthly average balance falls below $25,000.
What is a Premier Money Maker?
Generally, one must be at least this age prior to being able to participate in a 401k plan.
What is 21 years old?
These member's would benefit from meeting with our Wealth team to look into options for services like employer-sponsored retirement plans, investment oversight assistance, employee education and plan education services?
Who are business owners?
ESL will cash known payroll, government and other no-hold checks to these individuals with a maximum of $10,000 per check.
What is a Cash Service member?
As savings option for a specific term that requires a minimum of $100,000 at account opening.
What is a Jumbo certificate?
These two areas of ISLLC would be beneficial to members with young children?
What are insurance planning and education planning?