ECTFCU
Abbreviations
Credit Unions
Personal Finance
Money Calculations
100

We use this term instead of customers.

What is members?

100

CEO

What is Chief Executive Officer?
100

The income generated by a credit union goes back into the credit union, making credit unions this.

What are non-profits?

100

A percentage paid to a lender for the use of borrowed money is called this.

What is interest?

100

A burger costs $8.95

A salad costs $8.59

This item costs less.

What is a salad?

200

Our staff meetings are typically on this day of the month.

What is the 4th Tuesday?

200

K

What is a thousand?

200

Credit Unions are owned by these people, not share holders like banks.

Who are the members?

200

Name the three credit bureaus.

What are Experian, Transunion and Equifax?

200

Twenty of these coins equals $1.

What are nickels?

300
Our credit union is a ____________ charter. It's also what the F in our name stands for.

What is Federal?

300

MSR

What is member service representative?

300

This is someone who commits time to an organization without being paid such as a member of our Board of Directors.

What is a volunteer?

300

In America, retirement age is considered to be at this age.

What is 67?

300
I have 2 quarters, 1 dime, 1 nickels and 3 pennies which means I have this much money.

What is 68 cents?

400

These are the boards of education that are not eligible to join.

What are Newark and West Orange?

400

HEL

What is home equity loan?

400

This is the governing-body for all credit unions.

What is National Credit Union Administration or NCUA?

400

On the stock market, Btc means this.

What is Bitcoin?

400

Sarah bought a dress for $48.56.  She paid with $50.00. How much change would she receive?

What is $1.44?

500

This is name of our free ATM network.

What is Allpoint?

500

GL

What is general ledger?

500

Accounts are insured up to this amount.

What is $250,000?

500
This is what you call your earnings before taxes and deductions.

What is gross income?

500

This combination of coins is the least number of coins you can use to make 91 cents.

What is 3 quarters, 1 dime, 1 nickel and 1 penny?