Loyalty Savings
True or False: A member can have their membership share savings as a loyalty savings.
What is True
What is the minimum opening deposit for a loyalty checking account?
What is 25.00
You can earn this when you refinance your auto loan from another lender to rivermark?
What is 1% cash back
What is the minimum opening deposit for a youth CD?
What is 100.00
What is the plan closing fee for HSA and IRA's?
What is 25.00
True or False: The qualifying $1000.00 deposit must go into a loyalty checking?
You can earn____ APY on balances up to $25,000?
What is 4.5%
What is the minimum loan amount?
What is $5,000
How many loyalty CDs can you have per membership?
What is only 1
The small business cash back and earn ___% unlimited cash back.
What is 2%
Can you have more than one loyalty savings?
What is Yes
What are the three monthly requirements for the loyalty checking to earn the higher rate?
What is-
$1000 deposit into checking
-E-statements
$1000 combined debit or credit card purchases
How long must the member have the loan open in order to keep their cash promo?
What is 90 days
What CD terms do you lose 90 days of interest?
What is 12 months or less
What rivermark product is Share rate + 2%
What is the fixed APR for cd secured loan
What is the percentage of members already making the qualifying deposit into their rivermark account?
What is 82%
When does the qualification cycle began?
What is one day before the last day of the month.
What is the minimum and the maximum cash back reward that can be earned?
What is minimum $100.00 and maximum $500.00
Automatic Disbursal of CD dividends of an IRA CD are considered a normal distribution if the member is over______?
What is age 59 1/2
What is the draw period on a HELOC and repayment period?
What is 10 year draw and 20 years repayment.
What are the 6 existing checking accounts that Rivermark members have that are considered qualifying checking accounts?
What is-
Loyalty Checking, Access Checking, Rewards Checking, Cash Back Checking, Start Checking, and HSA checking.
Name 4 transactions that do not qualify for the loyalty checking deposit?
What is
Payroll Transfer / Transfer / Loan Proceeds / Loan Advance / ODP Loan Advance / Deposit overdraft / Return Item deposit / Credit Card Credit / Merchant Return / Deposit Adjustment
What are the eligibility requirements for the cash back refinance promo?
What is-
Refinance title free and clear
External refinance
Purchase own leased vehicle
What CDs cannot have funds added outside of the seven calendar day renewal period?
What is Dormant CDs, Business CDs, and Promo CDs
What happens on to a credit builder loan if a member stops paying after 30 days?
What is, the credit union will pay off the loan using the funds holding the loan and difference will be available to member