Explain how the round up works
DC pin and signature-based POS transactions are rounded up to the nearest dollar, transferring the change to the client's designated savings account
You need to be this age to open one
13
The monthly service fee for this account is
$12 if you do not meet the balance requirements
You waive the paper statement fee on this account by
registering for e-statements OR
$5K monthly average balances or $25K monthly average balances in consumer deposits
These positions qualify for this account type
Must be employed by a learning institution in LA or MS
These are the eligible savings accounts
Savings, Interest savings, VC savings, joint minor savings
The account coverts to this after the child's 18th birthday
Easy Checking
You need to have what minimum in MTD consumer balances to waive the fee
$75K+ in qualifying consumer deposits and/or wealth accounts
This is the monthly service charge on the account
$0
This is the monthly service fee on this account
$0
What does this program exclude
Reoccurring POS transactions and ATM withdrawals
Debit card transactions coded as return or credit
This is the recommended companion account
Joint Minor Savings
The companion account to Select Checking is
Select MMA
This is the recommended companion account
Savings
You are eligible for this savings account
Educator's Plus Vacation Club Savings
linked checking or savings account closes OR
client signs the form to unenroll
In addition to the child, who must authorize and sign on the debit card form
Parent
This account earns interest ; this is the interest if you have balances less than $25K
0.20% APY
This is the interest earned for this account
<$200K is 0.20 % APY
>$200K is 0.50 % APY
The Round up program is tied to the clients
Checking account; all linked debit cards are automatically included when the client enrolls their DDA in the program
This account differs from the Lautma by
Child can have debit card, does not need to wait until 22 years of age to have the funds, access to online banking & money features, joint signer/not just guardian on the account
Name 5 perks on this account
Free: Select checks, wires, money orders, CC's, Stop Payments, SDB, Paper statements
Discounted rates on select loan products
No Foreign Currency Fees
All ATM fees refunded
This is how the points work; explain the earnings per transaction type
Earn 1pt for every $2 spent when DC is used as a credit transaction
Earn 1pt for every $5 spent on PIN based transaction
Name THREE perks with this account
Earns points that can be redeemed for gift cards, merchandise, travel & more - Uchooserewards.com
Discounts on PC/Laptop Loans
Reduced rate on credit cards
Discount on Anytime Fitness Membership
Free 1st order of checks
$250 Mortgage loan admin fee discount