Teller Transactions
The maximum dollar amount that a Money Order can be issued for.
What is $2000?
The three different types of IRAs offered at Blue Foundry Bank
What are traditional, roth, and SEP?
The form used when a customer has requested to renew their CD to a different term and rate.
What is a minor change form?
What is the Morning Opening/All-Clear signal?
To properly quote an interest rate on a deposit product, these three words MUST be stated in full before using any abbreviations.
What is "annual percentage yield"?
A restrictive deposit that a payee would write on the back of the check.
What is "for deposit only?"
The minimum qualifile score a customer must have before opening an account.
What is 580?
The form used when changing any of the client's information such as phone number or address.
What is a contact change form?
How a cash drawer should be when a banker is away from their station.
What is locked?
The amount of FDIC insurance per account title.
What is $250,000?
The only way to negotiate a check made payable to ABC Company.
The number and type of identification when programing a customer in COCC.
What are 2 forms - one must be a primary photo ID, the other can be secondary such as a credit card?
The two types of Power of Attorneys accepted at Blue Foundry Bank.
What are an external general durable POA or an internal bank specific POA?
What is $250 in $50 dollar bills?
The IRA contribution limit for 2025.
What is $7000?
What is $3500?
The only role assigned to all business owners with 25% or more ownership.
What is Ultimate Beneficial Owner?
The messages that may pop up when transacting or researching a person, an organization, or an account.
What are warning flags or lockout flags?
The steps taken when a counterfeit bill is suspected.
What is: don't leave the area, notify a supervisor, inform the customer and do not return the bill, complete a Pending Receipt form for the customer, have the customer initial the bill, and send to the Secret Service?
The fund type used on certain type of checks that will clear the next day for the customer's usage.
What is Special Availability?
This acronym helps bankers review check requirements for negotiability.
What is DAMPER - Date, Amount, Maker's signature, Payee, Endorsement of Payee, and Routing number & name of bank?
The main documents needed to open a business account.
What are proof of EIN, Formation Document, Operating Document, and standing certificate if applicable?
When instant issuing a debit card, the selection to be chosen in the "Order Card" menu.
What is NO?
The procedures taken for a robbery in progress.
What are stale dated and post dated checks?