Checking Accounts Types
A free account with no minimum balance requirement or per item charge.
What is Easy Checking?
The date the check is written to the payee.
What is the Date.
An example of this would be would be a Valid Driver’s License ( not expired), a State ID, or a US Passport.
What is satisfactory identification for a customer.
Inactive Account Fee
The Fee charged as long as there is an avaliable loan balance.
What is zero dollars?
A free account for our customers 62 years or older that includes free basic checks and a free Super Saver account.
What is Easy Living Checking
The individual(s) who are the account owners of the check being written.
What is the Payor.
If the payee for an on us check is a Non-Customer. What must be run on this person and noted on the upper right corner of the face of the check before cashing?
What is an OFAC
The fee associated with a stop pay.
What is $25?
The dollar amount increment transferred to cover negative balances.
What is $100.
Designed for the customer who doesn't want to be bothered by keeping track of minimum balances and the number of checks written per month. This is the only account that provides paper images of paid checks with the monthly statement.
What is Easy Plus Checking
The individual(s) that the owner of the account is making the check payable to.
What is the Payee.
Date, amount, payee, maker, and the bank the check is drawn on all must be correct or the check is not...
The price that Jennifer has placed if she finds Jason's folders in the branch.
What is breaking kneecaps or death?
The annual fee for the DDL loan for consumers (hint it is not $25)
What is $20 fee.
For customers who want to keep their money easily accessible and want to earn interest while their money is on deposit.
What is N.O.W. Checking
The bank’s identifying number assigned by the American Bankers Association.
ABA Number (or) Routing Number
Reluctance to give information, nervousness or impatience, or unwillingness to have check verified are all classified as this.
What are Red Flags.
$2.00 per month after 60 consecutive months in which there has been no deposits or withdrawals to the account
Dormant Account Fee
2% or outstanding balance or minimum of $25.
What is the monthly payment?
For the customer who wants to earn a higher rate of interest on higher daily balances. For regulatory reasons, only 6 check and/or debit withdrawals are permitted, therefore, should be considered a limited activity account.
Money Market Account
Signature of the account holder (payor) writing the check.
What is the Maker.
Check presented at the paying bank after a certain period (typically six months) of its payment date.
The price that Jennifer has placed if she finds Jason has cluttered her branch.
What is breaking kneecaps or death?
Daily Double
The intrest rate on all advances
What is 17%