Know Your Credit Union
What states does Chartway have branches?
Texas, Utah, and Virginia
What are the three types of payment protections offered on Chartway loans?
Preserve, Protect, Shield
What is the cost of GAP?
$550.00
When can MRC be added to a Vehicle?
1. At the time of loan funding
2. After loan funding
3. Without loan funding
Who is the world's wealthiest musical artist?
Jay-Z, with an estimated net worth of 2.8 billion.
In What year did Chartway open?
1959
What is the only payment protection available on our credit cards?
Shield
What benefits does GAP provide?
Peace of Mind and security against Theft and Insured Loss.
What are the three levels of coverage for MRC plans?
Silver, Gold, and Platinum
What was the last two states to join the US union?
Alaska and Hawaii
Where was our first branch opened?
Norfolk Naval Air Station, Norfolk
What are the minimum weekly working hours needed to qualify for disability protection on a loan?
25
What are the minimum requirements to qualify for a GAP policy?
1.Must be a member
2. Vehicle must be financed with Chartway
3.Vehicle age must be 20 model years or newer
What are the four deductible amounts, when pricing MRC plans for vehicle repairs?
$0, $100, $250,$500
How many days does it take for the earth to rotate around the sun?
365 days and approximately 6 hours
Approximately how many members are we servicing?
260,000+
How many days must a member meet the definition of Involuntary Unemployment to receive this benefit?
30 consecutive Days
What is the unique benefit of our GAP plus?
Provides $1,000 towards the purchase of the next vehicle if financed with CFCU within 120 days of the insurance settlement date.
What is the maximum age that a vehicle can qualify for MRC?
15 years
What is the furthest known plant from the sun?
Neptune
What are Chartway's core values?
Community, Diversity, Relationships, Quality
How long after the loan advance will it take for a pre-existing condition to be covered by loan assure?
six months
What is the maximum benefit or payout on a GAP policy?
$50,000 or 125% of vehicle value. (JD Power or MSRP)
What are the three factors that affect the MRC policy cost?
1. Vehicle Make, model, year, and mileage
2.Choice of term and mileage
3. Choice of deductible
In what year was the Federal Credit Union Act signed, establishing a national system?
President Franklin D. Roosevelt nationalized credit unions in 1934.