Final answer:
Generally, it is true that a Retail Loan application will pre-populate with information from an existing customer's Relationship record in most banking systems, enhancing efficiency and consistency.
Step-by-step explanation:
True or False: When a user starts a Retail Loan application for an existing customer / member, the information for that customer/member like address, employment, etc. will pre-populate from the Relationship record. This statement is generally true. In most banking systems and financial institutions, when a loan application is initiated for an existing customer, the system will typically pre-populate the application with known information to streamline the process. This not only saves time for both the customer and the loan officer but also helps in maintaining data consistency and accuracy. However, users should always verify pre-populated data for currentness and accurateness before submission. The actual functionality can vary depending on the particular software system in use.