WorksheetsThinkTank | EZ Like Wednesday Morning Ep. 3
Total questions: 10
Worksheet time: 5mins
How does a member withdrawal their Oops! Pay funds inside a branch?
Sign the signature pad
Write a check
Transfer the funds to a different account
Ask politely
How does the member need to write the check to receive their Oops! Pay funds? (Select all that may apply)
To him or herself
Alabama Credit Union
Cash
They don't need a check
What is the timeline for stop payments for cashier's checks?
180 Days
6 months
90 days
5 business days
With the new Reg CC updates, who is liable for the funds of a fraudulent check?
The institution the check was drawn from
The MSR that accepts the check
The institution that accepts the check
How much did the Reg E violation cost USAA?
1 billion dollars
300 dollars
15 million dollars
40 dollars
Is it ok to keep records for longer than the retention schedule allows?
Yes, you can never hang on to something for too long.
No, if we keep items for longer than the retention schedule says, we are setting a precedent for our auditors to expect records longer than required.
A written stop payment is good for ________.
6 months
3 months
3 years
1 year
According to Reg E, the member must contact the merchant prior to initiating a stop pay.
True
False
The special CD talked about in the video was ________.
A fist bump for every member that opens a new CD
A 60 month bump up
A free t-shirt
Oprah gives everyone a new car
In the video, Brady mentions that he pictures Money Markets as what?
Books at the library
Synchronized Swimming
Magic Tricks
Piles of money stolen by The Joker
