History of Dupaco
Date that Dupaco Credit Union Chartered in the state of Iowa.
What is July 17th, 1948.
Name the seven cross-sales that fall under the e-services tab.
What is Online/Mobile Banking, Activity Alerts, Text Bankinig, E-statements, Visa Alerts, E-notices and Visa Statements?
Helping a member in 2 or more of the following categories, Credit Score Education, Budget Worksheet, Asset and Debt Review, Set up savings and retirement planning, Referral to DFS, DIS or FCT. Is what part of the CHL?
What is a money makeover?
OFAC states that financial institutions are obligated to do this.
What is block or freeze funds deposited by any person/organization on the Specially Designated Nationals and Blocked Persons List (SDN) and report within 10 days?
Accounts that are excluded.
What is Holiday Club, Launchpad savings, HSA, IRAs
This year the share hold minimum changed from $5 TO $25 following the appointment of Bob Hoefer as Manager/President.
What is 1980?
This sale is for existing members of at least 6 months to load.
What is Online/Mobile Banking?
ECOA code determines this on a credit score.
What is ownership designation?
Established in 1970 designed to prevent criminals from using financial institutions to hide or launder money.
What is Bank Secrecy Act(BSA)?
Paperwork needed to open a multi-member LLC.
What is Copy of IRS TIN, Certifcate of Organization, Operating Agreement and beneficial owner information?
Year Dupaco was recognized as Community Credit Union of the Year by the NACC.
What is 2004?
Must have Active checking, moneycard, direct deposit/payroll, shine and estatements in order to complete this cross sale.
What is the MSR Checking Package?
If a member has a credit score of 0, this will be their paper rate for the Visa.
*100 Bonus points: if a member does a shared secured visa, their paper rate is this.*
What is E?
*What is A?
Aimed at promoting the informed use of consumer credit by requiring disclosures about its terms and costs, allowing the customer to compare the cost of credit among different lenders.
What is the Truth in Lending Act?
Sole Proprietorship are not required to provide this paperwork, but we prefer if they do.
What is the IRS-EIN documentation?
In 1983, Dupaco expanded membership eligibility by doing this.
What is allowing employees of any food related industry in Dubuque county become members?
Would select this cross sale if member is looking for help to manage their assets and bills.
What is FCT referral?
This will appear under public records that will appear on a member's credit.
What is:
-bankruptcies?
-civil judgements?
-unpaid tax liens?
-paid tax liens?
Are required to file with FinCEN, the Financial Crimes Enforcement Network, for transactions involving currency (cash) of more than $10,000 in a single day.
What is the Currency Transaction Report(CTR)?
Dupaco teams with this local non-profit organization to provide free startup 1:1 coaching, peer roundtables and expert panel discussions; that can all be accessed on Dupaco.com.
What is the Rural Ideas Network?
Names of the Financials that have merged under Dupaco.
What is Quality-Bilt CU, Stockton Employees CU, Community Plus CU, Rountree CU, Iowa Community CU, and HSB?
Makes is able to accept a card transaction payment through a secure channel. This include both debit and credit cards.
What is Merchant Card Processing?
It takes this long to recover your credit score after one missed payment.
What is 24 months?
Requires financial institutions to identify and verify the identity of the beneficial owners who own, control, or profit from companies when opening accounts.
What is Customer Due Diligence(CDD)?
We can not do business with this Tier of MRBs.
What is Tier 1, because they are direct handlers of Marihuana/hemp seeds/plants.