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NARA TEST > NARA TEST > Flashcards

NARA TEST Flashcards

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

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

MINOR ACCOUNTS- What info

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

A

30 days

22
Q

What does FDIC stand for

A

Federal Deposit Insurance Corporation

23
Q

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

A

Disclosure book

24
Q

Can we identify using a prisoner identification card for CIP

A

No

25
Q

Which 2 business accounts only require a $500 balance to avoid a fee

A

Basic Business and Basic Business with interest

26
Q

1 NSF waived goes to which accounts

A

The university Checking and Simply Free UNL

27
Q

Do we charge the $3 Sweep fee

A

No

28
Q

Which checks are free with the Simply Free Platinum Account

A

Specialty Gray Checks

29
Q

What is the monthly fee when a Union Money Fund dips below $1000

A

$5

30
Q

Which account does not waive the first 2 non-UBT fees

A

Simply Free

31
Q

Account that does not offer ODP

A

Simply Basic

32
Q

Form for US Citizens

A

W-9

33
Q

Form for non-Citizens

A

W-8 BEN

34
Q

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

A

Single party with POD

35
Q

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

A

Multiple Party with POD

36
Q

If multiple signers are on an account with an owner/signer, is it a multiple party account?

A

No. All the signers would have to be owner/signers to make it a multiple party account

37
Q

Checking and Savings Closing Tran Code

A

Checking: 061
Savings: 161

38
Q

How much is insured per social security number on accounts

A

$250,000

39
Q

Business account that does not have a minimum balance and paperless statements are required

A

Simply Free Business Checking

40
Q

-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

A

Business Analysis Checking

41
Q

-$50 monthly fee
-lower to the moderate volume

A

Basic Business Builder

42
Q

-Current or new customers that would benefit from making check deposits electronically
-A service Treasury Management offers for businesses

A

Desktop Teller

43
Q

Are we supposed to put stop pays through navigator

A

No. We are to go through BPM and submit form to deposit services

44
Q

Legally allows creditors to retrieve funds directly from your bank account to repay a debt.

A

A levy

45
Q

Can the owner/signer on account designate certain percentages to the beneficiaries on an account

A

No. Only on IRA’s are you able to designate certain percentages

NARA TEST (1 decks)

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