Forms/Disclosures
TIS
What is Truth in Savings?
This Achieva checking account has no monthly service fee and no minimum balance requirement.
What is the Achieva Checking?
This service may allow transactions to be paid even when there are not enough funds in the account, potentially resulting in an overdraft fee
What is Courtesy Pay?
This loan allows qualified Achieva members to use Online Banking to apply for a “life event” loan of up to $1,500. The entire automated loan process from application to receiving funds takes less than one minute with no staff underwriting and processing required.
What is a Quick Cash Loan?
This number helps consumers compare savings accounts by showing the total amount earned from interest over one year, including compound interest.
What is APY (Annual Percentage Yield)?
This document outlines the rules, terms, and conditions governing a member's account relationship with Achieva.
What is the Account Agreement and Disclosures?
Members can use these nationwide locations to access their checking accounts even when they're away from an Achieva branch.
What are CO-OP shared branches and surcharge-free ATMs?
Under Regulation E, a member must provide this before the credit union can charge overdraft fees on ATM and one-time debit card transactions.
What is opting in
This type of Achieva loan can be used for home improvements, debt consolidation, medical expenses, or vacations.
What is a personal loan?
What is the credit union term for interest earned on deposits?
Dividends
This document provides information about charges associated with consumer accounts.
What is the Consumer Schedule of Fees?
This service allows Achieva checking account holders to send and receive money quickly with friends and family.
What is Zelle?
Regulation E specifically applies to overdraft fees on these two transaction types.
What are ATM transactions and one-time debit card purchases?
Achieva allows members to borrow against their savings, money market account, or certificate of Deposit through this type of loan.
What is a secured loan (share- or CD-secured loan)?
This term refers to a credit union member who has signed on to an account and is equally responsible for it.
What is a Joint Owner?
This document outlines the rules, terms, and conditions governing a member's account relationship with Achieva.
What is the Account Agreement and Disclosures?
This premium checking account offers benefits such as identity theft protection, credit monitoring, and cell phone protection.
What is Achieva Checking Plus?
A member who does not opt in to Regulation E overdraft coverage will generally have these transactions declined if sufficient funds are unavailable.
What are ATM and everyday debit card transactions?
Members can complete this process before shopping for a vehicle.
What is getting pre-qualified for an auto loan?
Partner accounts can receive free check orders every ______ months or ___x per year.
Every 6 months or 2x per year
Congress passed this act to help consumers compare deposit accounts by requiring disclosure of rates, yields, and fees.
What is the Truth in Savings Act (TISA)?
This Achieva program rounds up debit card purchases and transfers the difference to savings.
What is Saving for GOOD?
This federal regulation governs electronic fund transfers and contains the overdraft opt-in requirements for ATM and one-time debit card transactions.
What is Regulation E (Reg E)?
Achieva's vehicle loans offer terms of up to this many months.
What is 84 months?
Unlike a bank customer, a person with an account at a credit union is known by this term.
What is a member?