| SAY WHAT? (Home Equity) | DUH, EVERYONE'S FAVORITE | DUH, EVERYONE'S FAVORITE-PART II (Because we loved it so much the first time.) | FUTUREWORLD | A LITTLE BIT OF THIS & A LITTLE BIT OF THAT |
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$50, waived in the first year
What is the annual fee on our Home Equity?
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59.5
At what age can a customer withdraw from an IRA without government penalty?
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$7,000 or earned income whichever is less
$1,000 catch up contribution when 50+ No maximum
What are the contribution limits for an IRA?
Until what age can you make contributions? |
Send money, receive money, split payments
What are the three things you can do with Zelle?
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Checking Reserve Line
None $500-$2,500
What is the only lending solution used solely for ODP?
Is there an annual fee? If so, what is it? What are the minimum and maximum dollar limits? |
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30 years, 10 years
What is the term of a Home Equity? What is the draw period?
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Traditional, 73
Which type of plan requires a RMD? At what age?
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The ability to add more per year to an IRA account.
50; $1,000
What is a catch-up contribution? When does it occur?
How much? |
Debit card controls
What feature allows customers to control their debit card?
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A positive indication of customer's desire to apply for a credit card.
Terms and Conditions
Define affirmative consent?
What is the name of the disclosures that need to be provided? |
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60-240 months
What are the Fixed Rate Option terms available?
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Tax deductible, amount can be subtracted from customer's income to reduce tax burden.
Tax deferred-when taxes are delayed until some time in the future.
Define tax deductibility.
Define tax deferral. |
Death/Disability
First Time Homebuyer Educational Expenses Contributions (Roth)
What are the three ways to withdraw from an IRA before 59.5?
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Balance
Transaction Fraud (Security)
What are the three categories of alerts?
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$9.95; $15.95
What are the fees for a same-day electronic bill payment? For an overnight bill payment?
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Cust. is able to term out all or a portion of an outstanding balance on a HELOC.
$100.00, at closing or with drawing the Fixed Rate Option of $10,000 or more.
Define what it means for the customer to use the Fixed Rate Option on a Home Equity. Is there a fee involved? At what two times is the fee waived?
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Deductibility
Taxation-Tax-differed vs Tax Free RMD Requirement Different phase-out qualifiers (income, deductibility)
Name two distinct differences between a Traditional and Roth IRA?
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It is a gradual reduction of a benefit.
The tax deductibility of the IRA contribution is reduced based on income when a customer has a 401k plan.
DAILY DOUBLE-Define phase-out period.
How does that affect a Traditional IRA? What other factor is considered when looking at Traditional IRA deductibility? |
An electronic way to make a deposit without coming into a branch. Landscape
6:00 a.m.-6:00 p.m. $10,000
What is a Mobile Deposit? (Orientation?)
When are Mobile Deposits reviewed? What is the daily limit for an existing customer? |
Upon request
When products are discussed Account opening Adding a customer
Name the four times disclosures need to be provided.
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20 year repayment period at a VARIABLE interest rate
What happens when to the outstanding balance of the line at the end of 10 years if they don't refinance?
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$100, $10,000, varies by CD type
Not available-mini jumbo CD
What are the minimum balances for the following IRA products, Starter, MM, CDs? What is the only savings product not available for an IRA?
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20% is withheld and the customer would need to make up this amount when depositing at the new financial.
Why is a direct rollover better than an indirect rollover?
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Access $3.50 plus owner surcharge
Balanced $3.50 plus owner surcharge Choice $ .00 2 refunded up to $20
Out-of-Network Fees:
What are the out-of-network fees for Access, Balanced, Choice checking accounts? |
P-Product Brochure
A-Account Fee Schedule I-Interest Rate Sheet D-Deposit Account Agreement Booklet
What is the acronym used for knowing what disclosures to provide to a customer? Name the four disclosures.
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