Business Terminology
Empowered Perks
Checking
Goals
Credit Cards
100

This is a legal alias for your business and allows the business to operate under a different name.

What is a DBA? (aka Trademark) 

100

An eligibility requirement of how many employees?

100

What is the charge to have a debit card?

What is $0

100

What would cause a checking account not to be included in the scorecard credit?

What is a zero balance at the end of the month?

100

What site do you use to input a credit card application?

Elan Client Resource Center

200

Something that is pledged as security for a loan. 

What is Collateral?

200

Perk's Plus checking waives the first how many foreign ATM withdrawal fees? 

What is 5?

200

This is the only checking account offered that does not require a minimum balance to avoid a service charge. 

What is ONB Student Checking?

200

How many business checking accounts do we have to open to hit branch goal for the year?

What is 48?

200

This credit card provides 18 months of 0% interest.

What is the Platinum card?

300

The schedule for repayment of principal and interest on a loan. 

Amortization

300

What annual fee is waived with the PerksPlus Checking account?

What is the $50 annual HELOC fee

300

What loan rate discount is offered to any ONB client for setting up auto pay from their ONB checking account?

What is .25% discount

300

How many credit card apps should we take to hit our goal of 4.9 credit cards per month?

What is 1 application per week

300

This credit card allows you to choose 2 categories to earn 5% cash back on. 

What is the Max Cash Preferred card?

400

Cash on hand needed for everyday operating such as payroll, utilities, inventory etc. 

What is working capital?

400

This $4.95 a month fee is waived for life with this checking product to utilize what service? 

What is Real Life Finance

400

A New Start checking is only allowed to have what type of card connected to their account?

What is an ATM only card?

400

This is the company's expectation for credit cards per banking center per month.

What is 4.8 cards?

400

The Max Cash Preferred card offers how many months of 0% interest on balance transfers?

What is 12 months?

500

A breakdown of money coming in from the revenue of the business as well as the company's total expenses.

What is a profit and loss statement?

500

What needs to be done for a client to receive the $250 off closing costs with Mortgages?

What is submit a referral to an MLO

500

What combined dollar amount waives the service charge on a Preferred Checking account?

What is $25,000?

500

What loan origination amount do we need monthly to hit our year end goal at 100%?

What is $106,666.67 every month

500

To what date did Elan extend the 0% APR for 18 months on a new Platinum card?

What is June 30th?