Show me the money!!!
What is the monthly fee for Option checking?
$8.00
What department do we notify that an IOTLA was created?
Deposit Ops
What is the minimum for a home equity loan?
$30,000
What is the fee to close out an account that is within 90 days of opening?
$10.00
Can IOLTA accounts have a debit card? Yes or No
No - Debit/ATM Cards are not allowed to be issued on IOLTAs.
What is the minimum dollar amount to advance on a HELOC?
$4,000.00
What is the fee for an internal refinance of a loan?
$75.00
All IOLTA's have the same EIN #? True or False
True - 74-2354575
What is the fee for late payment for Gen Pay?
$5.00 per occurrence
The only checking account for an IOLTA is only My Business Checking Prime? True of False
False - They only can have a My Business Checking Plus
What is the fee for a Shared Branch return item?
$15.00 per item
What form is needed to be completed in order to open an IOLTA?
IOLTA Notice to Financial Institution and Foundation form.