WorkPlace Banking
What are the company qualifications for WorkPlace Banking?
This statement must be read prior to capturing prospect information to send a Voyager link
What is the digital disclosure?
This report provides reporting on production for FSC's
What is the FSC Summary Report?
This account allows employees to pay for eligible out-of-pocket health care and dependent care expenses with pre-tax dollars and is exempt from federal taxes, Social Security (FICA) taxes and state income taxes
What is a FSA?
The trailer revenue credit cap of 15,000 is in place for this product
What is the Virtual Wallet Performance Spend?
Ease of a bank-at-work experience, Value of certain special benefits and offers, Financial Wellness from onsite and online financial education sessions, Partnership with finding the right PNC resources for every financial need
How do employees of a company benefit from the WorkPlace Banking Program (B2C)?
This disclose must be reviewed with your prospect prior completing the paper application
What is the Patriot Act disclosure?
Utilize this report to view on-sites scheduled/hosted
What is the On-site Event Detail report?
This account allows employees to receive employer-funded dollars to cover qualified medical expenses that may not be covered by insurance, such as co-pays, dental or vision care, and prescriptions
What is a Health Reimbursement Arrangement (HRA)?
This credit card awards 1,000 revenue credits when utilized by the client
What is the Secured Credit Card?
This product has a current cash offer of $450 with a qualifying direct deposit.
What is the Virtual Wallet Performance Select?
The action taken to add client approval in Edge Enterprise notes to receive a call or to receive marketing materials
What is evidencing?
This report shows all WorkPlace Banking code submissions and the status of those requests
What is the Company Code Detail report?
This account allows employees to pay for qualified medical expenses now and in the future, take control of their healthcare spending and save for qualified medical expenses on a tax-advantaged basis. In addition offers pre-tax or tax-deductible contributions, tax-free earned interest and tax-free withdrawals for qualified medical expenses.
What is a HSA?
All Consumer DDA Reversals are set at this amount
What is -300?
This revenue amount per employee for WorkPlace Banking Projected 1st Year Revenue calculation is based on the average annual revenue per WPB household or $1,362 (2024) multiplied by an employee penetration rate proxy of 4% (2024)
What is $54.48?
Name, DOB, SSN, Address, phone number, 2 forms of ID, Employer, Occupation,
What is KYC 8?
This report shows all Opportunities entered and how they are moving along the sales pipeline
What is the Opportunity Detail report?
This account helps save employees money on qualified parking and/or public transit expenses.
What is a Qualified Transportation Account (QTA)?
This is the maximum time period to receive trailer revenue on a Consumer Savings
What is 360 days?
12 month event planning, Virtual Integration, Weblinking, leveraging Financial Wellness Achievement Center
What is a full WorkPlace Banking implementation plan?
You must request to see this from a prospect before you can proceed with sending a Voyager link
What is a primary photo ID?
You will find onsite event totals, voyager updates, referrals, 1:1 Financial Wellness Appts
What is the FSC Benchmark Report?
This FSA allows employees to pay for eligible dental, vision and preventive care expenses not covered by insurance with pre-tax dollars.
What is a Limited Purpose FSA?
This revenue amount is awarded at the selling event and closing event
What is 1,000 revenue credits?