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Friday Facts Quiz

jenniferdl 10 questions

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Questions in this quiz (10)

  1. 13. Traditional IRA Catch-Up contributions allow persons of qualifying age to contribute an additional $________________.
    1. A$500
    2. B$1000
    3. C$1500
    4. D$2000
  2. 25. The cost for Motorcycle, ATV or Watercraft GAP coverage is:
    1. A$295
    2. B$220
    3. C$300
    4. D$495
  3. 3An important part of this act requires the credit union to develop a comprehensive Information Security Program to safeguard it’s member’s confidential information
    1. AA. Truth In Disclosure
    2. BB. Privacy of Consumer Financial Information
    3. CC. Right to Financial Privacy Act
    4. DE. Security Information Act
  4. 4Our Equipment Loans offer terms determined by the year and value of the vehicle up to:
    1. AA. 120 months
    2. BB. 84 months
    3. CC. 72 months
    4. DD. None of the above
  5. 51. A purpose of Regulation C, the Home Mortgage Disclose Act, is:
    1. AA. To allow the Federal Reserve to track and control the mortgage supply
    2. BB. To help determine if lending institutions are meeting the housing credit needs of their communities
    3. CC. To promote uniformity in consumer credit advertising and disclosures for home mortgages
    4. DD. To provide uniformity in mortgage interest rates disclosed to consumers
  6. 6Night Depository receipts are always mailed to the member.
    1. ATrue
    2. BFalse
  7. 7 This is a special relationship in which the member authorizes a person to access their account on their behalf.
    1. ARepresentative Payee
    2. BCustodian
    3. CDurable Power of Attorney
    4. DGuardianship/Conservator.
  8. 8With VISA Debit Cards from TEXAR there is a point of sale limit of 7 transactions per day.
    1. ATrue
    2. BFalse
  9. 9If more than one beneficiary is named on an account with a Payable on Death designation:
    1. AFunds are distributed evenly.
    2. BFunds are distributed to the first beneficiary named and it is his/her responsibility to divide the funds as they see fit.
  10. 10 Durable Power of Attorney designation:
    1. AContinues for a period not to exceed one year.
    2. BContinues indefinitely until it is revoked by the agent or until the agent or the owner dies.
    3. CContinues for 30 for calendar days with a three day grace period for renewal.

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Quiz on Friday Facts Quiz , created by jenniferdl on 02/03/2015.
Language
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