Accounts
These accounts lock your money for a set time frame.
What are Certificates of Deposit (CDs)?
WaFd no longer does these kinds of loans.
What are Mortgage Loans, HELOCS, Lot Loans, and Custom Construction Loans?
This account has an interest rate of 3.10 and an APY of 3.15.
What is the 19 Month CD Special?
Alodie hates these with a passion.
What are fees?
April 13 of 1917 is a very important date.
When did WaFd first open?
This account is for Businesses and it is free. (Also known as Alodies favorite product)
What is the Free Business Checking Account?
WaFd Does not sell their loans, WaFd is a _____ Lender.
What is a Portfolio Lender?
This account has the worst interest rates and has a $3 fee if you drop below $100.
What is a Personal Savings Account?
This service has a charge of $8.
What is a Cashiers Check?
Washington, Oregon, California, Idaho, Nevada, Utah, Arizona, New Mexico, and Texas
What are the 9 states that WaFd is in?
It is a small box held in a safe that clients can rent.
What is a safe deposit box?
WaFd is considered a ______ Lender in the SBA world.
What is a Preferred Lender?
$1,000 minimum deposit, funds are locked with a set rate.
What are CDs?
This cost $30 and can be charged up to 3 times a day.
What is a Nonsufficient Funds Fee (NSF)?
WaFd quit doing these loans January 2025.
What are consumer mortgage loans?
This account has 5% APY on the first $500 in the account.
What is the Smart Savings Account?
WaFd Specializes in these kinds of loans.
What are Small Business Loans?
Minimum deposit to open an account for businesses, this is not a fee.
What is $100?
This is a way to send and receive money with 0 fees, very common in todays world and some people pay their monthly dues for BNI this way.
What is Zelle?
WaFd put a pause on this product until July.
What are the WaFd Credit Cards? (Consumer and small business)
Alodie strongly dislikes these accounts and would rather John have them.
What are IRA accounts?
This loan is revolving for Businesses and rates very depending on the rates on the Wallstreet Journal.
What is the Business Line of Credit?
This account requires $100,000 to earn interest.
What is the Indexed Money Market? (Personal and Business)
Talk to your banker (hopefully its Alodie), if you come across ________. Some banks will wave it depending on the relationship with the client.
Fees?
Open 1 business account a week.
What is Alodies personal WaFd goal?