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NARA TEST Flashcards

(45 cards)

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1
Q

12 Debit card purchases

A

Simply Free Plus

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2
Q

50 years and older

A

Simply Free Platinum

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3
Q

Simply Savings 6 withdraws per month fee

A

$5

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4
Q

Simply Savings dips below $100 balance fee

A

$3

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5
Q

Accounts for ages 14-25

A

Simply Savings Student & Simply Free Student

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6
Q

CD 3-9 months terms forfeit how many days of interest

A

92 days of interest

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7
Q

CD 10-60 months terms forfeit how many days of interest

A

182 days of interest

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8
Q

Who must we CIP

A

All Owners and all Signers

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9
Q

Checking plus sweeps in what increments

A

$200

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10
Q

Sweeps sweep in what increments

A

$100

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11
Q

Once a relationship is established, the ODP limit looks at how many days of transactions to generate a limit

A

90 days

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12
Q

The age requirement to open a Simply Free Plus

A

No age requirement

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13
Q

Define round-up

A

Rounds transaction up to the next whole dollar

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14
Q

How do we open HSA’s

A

A banker will fill out form in BPM and then submit info to Omnify

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15
Q

3 steps for telling our customers about CIP

A

Notify, Identify, and Verify

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16
Q

What info do we need for beneficiaries

A

Name and Date of Birth

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17
Q

Who do we run through e-funds/chex systems

A

All owners and signers

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18
Q

Verify- collect what info

A

-Drivers License
-State Identification
-Military Identification
-Passport-
-Tribal Identification Card

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19
Q

Identify- collect what info

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A
  1. Legal name
  2. Physical Address
  3. Date of birth
  4. Taxpayer identification number (SSN/ITIN)
20
Q

MINOR ACCOUNTS- What info

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A

-Birth Certificate
-Social Security Card
-School ID (17 and under)
-Parent must be a co-owner/signer if none of CIP is on the minor

21
Q

How many days before full CIP needs to be recollected

22
Q

What does FDIC stand for

Study These Flashcards
A

Federal Deposit Insurance Corporation

23
Q

What book are required to give our customers after an account opening

Study These Flashcards
A

Disclosure book

24
Q

Can we identify using a prisoner identification card for CIP

25
Which 2 business accounts only require a $500 balance to avoid a fee
Basic Business and Basic Business with interest
26
1 NSF waived goes to which accounts
The university Checking and Simply Free UNL
27
Do we charge the $3 Sweep fee
No
28
Which checks are free with the Simply Free Platinum Account
Specialty Gray Checks
29
What is the monthly fee when a Union Money Fund dips below $1000
$5
30
Which account does not waive the first 2 non-UBT fees
Simply Free
31
Account that does not offer ODP
Simply Basic
32
Form for US Citizens
W-9
33
Form for non-Citizens
W-8 BEN
34
Beast is an owner/signer on an account. Belle is a signer and so is Cinderella. Beast is wanting to remove Belle and make Cinderella a beneficiary. What is the account labeled
Single party with POD
35
Beast and Belle are owner/signers on an account. They have Snow White as a signer and Sleeping Beauty is a beneficiary. What is the account labeled
Multiple Party with POD
36
If multiple signers are on an account with an owner/signer, is it a multiple party account?
No. All the signers would have to be owner/signers to make it a multiple party account
37
Checking and Savings Closing Tran Code
Checking: 061 Savings: 161
38
How much is insured per social security number on accounts
$250,000
39
Business account that does not have a minimum balance and paperless statements are required
Simply Free Business Checking
40
-Made for higher volume businesses or those who would benefit from treasury management services -Has to have activity over 250 items per month and average available balance of at least $250,000
Business Analysis Checking
41
-$50 monthly fee -lower to the moderate volume
Basic Business Builder
42
-Current or new customers that would benefit from making check deposits electronically -A service Treasury Management offers for businesses
Desktop Teller
43
Are we supposed to put stop pays through navigator
No. We are to go through BPM and submit form to deposit services
44
Legally allows creditors to retrieve funds directly from your bank account to repay a debt.
A levy
45
Can the owner/signer on account designate certain percentages to the beneficiaries on an account
No. Only on IRA's are you able to designate certain percentages

NARA TEST (1 decks)

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