3. Traditional IRA Catch-Up contributions allow persons of qualifying age to contribute an additional $________________.
$500
$1000
$1500
$2000
5. The cost for Motorcycle, ATV or Watercraft GAP coverage is:
$295
$220
$300
$495
An important part of this act requires the credit union to develop a comprehensive Information Security Program to safeguard it’s member’s confidential information
A. Truth In Disclosure
B. Privacy of Consumer Financial Information
C. Right to Financial Privacy Act
E. Security Information Act
Our Equipment Loans offer terms determined by the year and value of the vehicle up to:
A. 120 months
B. 84 months
C. 72 months
D. None of the above
1. A purpose of Regulation C, the Home Mortgage Disclose Act, is:
A. To allow the Federal Reserve to track and control the mortgage supply
B. To help determine if lending institutions are meeting the housing credit needs of their communities
C. To promote uniformity in consumer credit advertising and disclosures for home mortgages
D. To provide uniformity in mortgage interest rates disclosed to consumers
Night Depository receipts are always mailed to the member.
This is a special relationship in which the member authorizes a person to access their account on their behalf.
Representative Payee
Custodian
Durable Power of Attorney
Guardianship/Conservator.
With VISA Debit Cards from TEXAR there is a point of sale limit of 7 transactions per day.
If more than one beneficiary is named on an account with a Payable on Death designation:
Funds are distributed evenly.
Funds are distributed to the first beneficiary named and it is his/her responsibility to divide the funds as they see fit.
Durable Power of Attorney designation:
Continues for a period not to exceed one year.
Continues indefinitely until it is revoked by the agent or until the agent or the owner dies.
Continues for 30 for calendar days with a three day grace period for renewal.
