Accounts Accounts Cont. WIIFM statement Features Referral Opportunities
100
What is IOLTA.
Lawyers who need to separate client funds from their operating account funds. Interest earned on these funds are payable to the MA IOLTA Committee.
100
What is Business Interest
Business with lower transaction volume that maintains more than 5,000 daily and wants interest.
100
What is..
Potential commercial banking customer.
100
What is Commercial banking.
$13 a month maintenance fee.
100
What is Free Business Checking.
A new business owner wanting an account for his lawn care services.
200
What is Business Edge
Business that want the flexibility of depositing through RDC and originating ACH transactions but do not qualify for Commercial Analysis b/c of lower balances.
200
What is Community Edge
Not for Profit Business that want the flexibility of depositing through RDC and originating ACH Transactions but don't qualify for the Non Profit Analysis products because of lower balances. Ideal for not for profit businesses that don't need/want the branch for their deposit banking services.
200
What is..
Potential Free Business customer.
200
What is community interest checking or Business interest.
$5000 minimum balance.
200
What is Business Interest checking.
A business is switching institutions and keeps an average balance of $7,500.00 in account.
300
What is Free Business Checking
For business that tend to have lower transaction volume.
300
What is Commercial Checking
Business customers who can benefit from our cash management services and earnings credit or qualify for a Commercial Investment Account.
300
What is..
Potential non-profit customer.
300
What is free business banking.
NO fees; imaged checks.
300
What is Non-Profit checking.
Ludlow football team is looking for an account with large transaction volumes that does not make a profit.
400
What is Community Interest
Not for Profit Business with lower transaction volume that maintains more than 5,000 daily and wants interest.
400
What is Free Community
Not for Profit Businesses that tend to have lower balances and lower transaction volume.
400
What is..
Potential IOLTA customer.
400
What is IOLTA.
operating funds; automatically transferred to MA IOLTA.
400
What is IOLTA.
Lawyer needing to set up account for business.
500
What is Non-Profit
Non-profit organizations with larger balances and transaction volumes. Additionally, organizations that utilize our cash management services.
500
What is 4 for 4
Free- Be: The Ludlow Banking Center worked together to reach what in Quarter 2.
500
What is..
Potential business interest customer.
500
What is Business Edge.
Needs approval from CM.
500
What is Commercial Checking.
A McDonald's franchise owner wanting accounts for high balances, paychecks, and currency exchanges. They also want cash-management involved.






Business Checking

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