Auto Payments Procedure- Quiz

Generate an image of a diverse group of people at a meeting discussing auto payment procedures in a modern office setting, with graphs and charts in the background.

Auto Payments Procedure Quiz

Test your knowledge about the auto payments procedure with our engaging quiz! This resource is designed for members and staff to ensure a thorough understanding of off-cycle transfers and related processes.

  • 7 insightful questions
  • Multiple choice and checkbox formats
  • Perfect for training and certification
7 Questions2 MinutesCreated by LearningGuide412
Off Cycle Transfers are able to pull partial payments.
True
False
The Off Cycle Transfer process will occur _ time/times each day.
2
3
4
1
The member must sign the following forms:
Member Service Request
Automatic Transfer Authorization
Authorization Card
Adverse Action Form
The Electronic Fund Transfers Agreement and Disclosure form is required for business members.
True
False
The transfer will try for _ days; if funds required for a full transfer are not in the account on the _ day, the system will advance the next transfer date.
5th
6th
10th
3rd
Central Minnesota Credit Union was built from the ground up by its members since _.
1980
1939
1975
1960
The credit union was chartered in Melrose under what philosophy?
We are all one
People helping people
Not for profit, but for service
Not for charity, but for service
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