Glossary
ABA Routing Number
The 9-digit number (8 digits and a check verification digit) that
identifies a specific financial institution. Also referred to as a Financial
Institution Routing Number or Routing Transit Number.
Account Type
List of accounts available online. May include checking, savings,
NOW, money market, and certificate of deposit (CD) accounts, credit cards, or
loans.
Alert Method
Means of delivery for the alert message. Options include only
Online Banking
or Personal E-mail & Online Banking Message.
Alerts
Messages that alert you when certain
transactions have been processed, if a scheduled transaction is not processed,
when a specified balance has been reached, or when certificates of deposit
(CDs) are maturing.
ATM/Debit Card
A payment card issued to a cardholder that is used to withdraw cash or make purchases.
ATM/Debit Card Overdrafts
When you use an ATM/debit card to make a purchase or an ATM
withdrawal that would overdraw the account.
Automated Clearing House (ACH)
Funds transfer system governed by NACHA Operating Rules, which
provide for clearing of electronic transactions between participating financial
institutions.