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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.

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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