Account of Types
An account designed for kids age 12 and under that offers a special CD with lower opening amount and add-on features.
Kids Club
What does SSV stand for?
Savings Secured Visa
This loan type allows you to borrow against your savings account as collateral with no credit pull
What is a savings secured loan?
What is the minimum credit score for a business auto loan?
What is a 600 credit score?
If a member is approved for a loan and they have 60 days of NO PAY on an auto loan. What is loan type is this?
What is a LENDPRO app?
An account appointed by the court by an executor or personal representative to manage funds upon the descendant death wishes
What is an Estate Account?
What does LOE stand for?
Length of Employment
This product can be used home improvement, home repairs, debt consolidation, and college tuition.
What is a Home Equity Line of Credit (HELOC)?
This account type has no monthly service charge account designed for small businesses with the following limits: minimum daily balance to earn interest - $2,500, and 100 or less transactions (or fee of $.20 per item over).
Small Business Checking
This Loan type is 2% down payment, no PM&I insurance, no origination fees
What is an everyday hero mortgage?
account that receives SSI or VA funds for a beneficiary/ward, but is managed by a representative payee who conducts all transaction on the account for the beneficiaries/ward behalf.
Rep Payee
What does SAF stand for?
Subsequent Action Form
This used for 3% for gas, 2% for grocery purchase, and 1% on everything else?
What is a visa cashback card?
The only product designed for new and startup businesses under 1 year but must have a 680 credit score?
What is a micro business credit card?
What does CPI stand for?
What is Collateral Protection Insurance?
An account into which extra money can be stored and kept separate from your checking account. It can be used to build cash reserves for emergencies or for some other designated purpose
Savings Account
What does GAP stand for?
Guaranteed Asset Protection
This loan type is 30 years old or older, mileage cannot exceed 150,000 at the time of the application, certified appraisal required, and must be in good operating condition.
What is a Classic Vehicle Auto Loan
This loan type Pre-approvals are unavailable – Buyers order, purchase agreement, or invoice due at the time of application, LTV up to 90%, Terms up to 120 months for new (never titled) Terms up to 60 months for used
What is a business equipment loan?
What is the MINIMUM dollar amount anyone can borrow any loan products?
What is a minimum of $500?
The term used to collectively refer to the Achieve, Bravo and VyTeen Accounts.
PACE ACCOUNTS
What does ACH stand for?
Automated Clearing House (Direct Deposit)
This loan Terms range between 12 months to 240 months. Terms and rates are based on certain qualifying factors. E paper grade are not eligible for this loan
What is a RV loan?
This can be used for business overdraft protection for the business checking and this does NOT mature, no renewal is required, this has NO specific term
What is a business signature line of credit?
What system does Vystar use to upload insurance information?
What is State National (Insurtrak)?