CBT Bank Jargon
Banking term commonly referred to as HELOC.
What is Home Equity Line of Credit?
This consumer account is free with an eStatement.
What is Totally eChecking?
The incentive amount paid to an existing consumer checking customer for a qualified referral of a new customer checking account.
What is $25?
This consumer account is designed to help teach kids 12 and under to save and manage money.
What is Dollar Dog Kids Club Account?
Overdraft coverage that authorizes the bank to strive to pay ATM & everyday debit card transactions if presented for more than the current balance.
What is Reg. E Opt In?
Banking term commonly referred to as ODP.
What is Overdraft Privilege?
This consumer checking account requires a minimum balance of $100 to avoid a low monthly maintenance charge.
What is 50+ Interest Checking?
This incentive program pays a new customer $2 per book of checks and $2 per debit card (issued by a bank) up to $25 per account.
What is Check Buy Back Program?
The perfect account to reinforce great savings habits for students age 13 - 18!
What is Student Savings Account?
Overdraft coverage transferred from a Line of Credit.
What is Cash Kit?
Define ACH
What is Automated Clearing House?
This consumer checking account gives the option to earn a higher interest rate with balance of $10,000 or more.
What is Elite Checking?
This transaction code is used to pay customer incentive payments.
What is 15?
This consumer savings account requires just a $100 investment to open and to avoid a quarterly maintenance charge.
What is Statement Savings?
The CB&T standard NSF Paid Item fee.
What is $34.50?
What is Magnetic ink character recognition?
Just the right checking account for students age 13 - 18!
What is Student Checking?
This $10 incentive is payed to all new Dollar Dog Kids Club Savings Accounts opened with at least $10.00.
What is Dollar Dog Match?
The four types of Save Smart accounts.
What are Tax Freedom, Summer Fun, Back to School, and Happy Holidays?
The timeframe in which an overdraft privilege limit might change.
What is daily?
Define KITT
What is Keep In Touch Telephone banking?
This consumer account requires a daily balance of $1,000 or at least two (2) direct deposit transactions per monthly statement cycle to avoid a low monthly maintenance charge.
What is VIP Interest Checking?
The incentive amount deposited when a Bank From Work checking account has been open for 45 days and a direct deposit has been made into the account during that time.
What is $22?
This consumer savings account can be opened online.
What is Statement Savings?
Overdraft coverage from an automatic transfer from a secondary account.
What is a Sweep?