CentrisUP

Who is the current Chairperson of the Board of Directors of Centris?

• Matt Rhule

• Matt Dannehl

• Denise Hill

• Anna Kellogg

Who was the first person to sign the Omaha Telephone Employees Federal Credit Union (the original name of Centris) charter in 1934?

• Anna Kellogg

• Virginia Klug

• Matt Rhule

• Pearl Scheid

What business unit has the most net loan production for the full year of 2023?

• Mortgage

• Retail

• Indirect

• Business Banking

What is Centris’ largest liability on its balance sheet?

• Loans

• Borrowings

• Deposits

• Pension

What is the net interest margin in dollars in the first month after inception of an unsecured loan with principal outstanding of $10,000 (assuming no principal payments made in first month and interest compounds monthly) with a loan interest rate of 12.00% and a cost of funds of 5.50%?

• $650.00

• $75.00

• $20.83

• $54.17

What component of non-interest income is typically the largest for Centris each year?

• Debit Card Interchange

• Courtesy Pay/NSF Fees

• ATM Fees

• Loan Late Fees

What are the regulatory thresholds for federally chartered credit unions to be considered “adequately capitalized” and “well capitalized” per the NCUA?

• 4% and 5%

• 5% and 6%

• 6% and 7%

• 7% and 8%

If the interest rate curve is beginning to move down on the short and long ends of the interest rate curve, we expect interest rates to remain low for several years, and we have excess liquidity and room for additional interest rate risk on the balance sheet. Which asset would likely be the best option excluding credit considerations?

• Fixed rate loan with longer average life

• Fixed rate loan with shorter average life

• Variable rate loan

• Investment

True or False – If Centris can borrow from one of its lending facilities (e.g. FHLB Topeka) with a lower cost of funds than raising funds through member share certificates, we should always do this.

• True

• False

According to the "Growth What's the Plan" document out on The Hub, which one of the following does Centris not try and predict to create the Plan using recent performance results?

• Loan activity for each product including funding new loans and member payments on existing loans

• Deposit activity for each product including deposits and withdrawals

• Crypto currency pricing volatility that could impact member behavior

• Net income (revenue - expenses = profit)