New Accounts

Work Flow

100

A person wanting to open an account with Directions must provide a valid form of this.

Government Issued ID

200

__________ is designated to receive a members funds once the member is deceased

Beneficiary

300

Being added as a _______ allows full inquiry and withdrawal rights and rights to survivorship

Joint Owner

400

If a beneficiary is not listed on a deceased member's account these documents will need to be provided.

Death Certificate and Fiduciary Paperwork from the Courts

500

What form(s) is needed if an individual account owner is adding 5 beneficiaries?

Consumer Account Card (3)

Checkings

100

Members must be enrolled for  ______ to qualify for a free box of check per calendar year

e-statements

200

This Checking Account with a $3 monthly maintenance qualifies members to receive a .10% discount on loans

Advantage Checking

300

A person must be linked as a joint owner or authorized signer on the ______ and _____ in order to have a debit card

savings checking

400

$100 is the minimum required deposit for this product

Business Checking

500

If a potential member has been reported to this one time in the last 12 months they can not have a checking.

Chex Systems

Identification

100

This can be used as a way to authenticate members when they are calling in asking about their account

Member Pass

200

Name something that can be physically or electronically provided as verification of address

Physical and Last 30 days; utility bill, credit card statement, lease agreement on a company letterhead for current year, car insurance bill, homeowners insurance bill/policy, previous year W2, paystubs

Electronic and Last 30 days; utility statement, credit card statement, lease agreement on company letterhead dated for this year, mortgage statement, W2, car insurance bill, paystubs

300

Name an acceptable form of ID for anyone 16 or older to open an account

Valid Gov't Issued Photo ID , Driver's License, Passport, State ID, Paper ID renewal (must present punched plastic ID also)

400

Name something that is a valid form of ID for a minor under the age of 18 but older than 16

Photo ID, Current School ID (only if joint with parent or legal guardian) valid unexpired government issued driver's license, valid unexpired government issued passport or state ID, paper ID renewal (along with punched plastic ID)

500

Directions Credit Union is currently not accepting this as a form of ID

Digital ID

Minor Accounts

100

Minors between the age of __ and__ do not need a parent or legal guardian to open an account

16-17

200

Any minor who is 16 or older must have this in addition to a government ID

Proof of Social Security or Tax Identification Number

300

A 13 year old can have this so long as both parties sign the application

Debit Card

400

DCU does not offer _____, _____, _____ to minor owned accounts unless there is a parent or legal guardian on the account

any type of loan, courtesy pay,overdraft protection

500

Non parent/ legal guardians must open this type of account

Ohio Transfers to Minor Act (OTMA) or Universal Transfer to Minor Act (UTMA) Account

Special Accounts

100

This must be provided in order to open a rep payee account

Awards Letter or Letter of Appointment from Social Security

200

This sign and dated copy is needed to open a Trust Account

Trust Declaration Page

300

This is for people who receive Medicaid long-term services but have income over the Medicaid limit.

Qualified Income Trust (QIT)

400

Members must be enrolled in this to qualify for an HSA

High Deductible Health Plan

500

Members need these documents in order to open an account for an LLC

Proof of EIN, Articles of Organization, Operating Agreement