Loans

Specifies the credit union offers loan drafts. During share draft processing, an automatic loan advance will pay the draft.

(Portico Host: 902 Transaction - DRAFT OPT field)

Specifies loan interest refund processing is supported.

(Portico Host: 902 Transaction - INT RFNDS field)

Specifies student loan processing is supported. The Student Loan Report 330 will be produced.

(Portico Host: 902 Transaction - STUDENT field)

Specifies individual loans can be designated as real estate loans. The system will not purge the loan history before year-end.

(Portico Host: 902 Transaction - FLAG 1098 field)

Specifies an override teller ID is required for loan advances when the member's share balance is below the minimum. The minimum share balance allowed is specified on the Share Profiles - Account Information tab.

(Portico Host: 902 Transaction - LOAN ADV field)

No longer used.

(Portico Host: 902 Transaction - L/B PYMTS field)

Specifies the FASB 91 Option is supported.

(Portico Host: 902 Transaction - FASB 91 field 1)

Specifies the loan fee amortization transactions will post in the member's branch. If not selected, the loan fee amortization transactions will post in branch 000.

(Portico Host: 902 Transaction - FASB 91 field 2)

Specifies a transmission containing member loan information will be sent to the credit bureau.

(Portico Host: 905 Transaction - CREDIT BU field)

Specifies the credit union uses Variable Rate Index Processing to automatically evaluate and change rates on loans according to the assigned index rate, margin, and frequency. Variable Rate Index Processing is only valid for variable rate loan types with payment type 009 or payment type 006 with rate option D on the Loan Processing Rules

(Portico Host: 905 Transaction - INDEX field)

Specifies the credit union uses Enhanced Skip Payment to set up multiple skip payment records for a loan. You can schedule single or recurring skip payments for the current due date or a future date. Portico will block back-office loan payments, including payments made via Transfer File, ACH Origination, and payroll. Using a customized criteria to identify member loans that qualify for skip payment processing, you can offer qualifying members the opportunity to choose from a single skip payment or a recurring, seasonal skip payment, such as summer skip payments for teachers. Plus, a per skip fee option helps you cover the processing costs associated with skip payment processing.

(Portico Host: 902 Transaction - ENHANCED SKIP PAY field)

Reporting Analytics: Loan Skip Pay Indicator (Located in Credit Union Rules/Header Processing Rules subject)

Specifies how the system auto-assigns loan draft IDs:

N - No auto-assigning of loan draft IDs. This manual assignment is the default method.

A - Use the member number as the base for the loan draft ID.

B - Use the lowest share draft ID as the base for the loan draft ID.

The following illustrates how the system autogenerates a loan draft ID based on your selected method.

Specifies whether the credit union wants to post loan drafts for the same day by ascending serial number by descending amount order(highest to lowest amount), or by ascending amount order(lowest to highest amount). The valid options are:

S - Serial Number order. System default.
D - Descending (highest to lowest) Amount order.
A - Ascending (lowest to highest) Amount order.

(Portico Host: 902 Transaction - DRAFT ORD field)

Specifies the default selection for the loan plan on the New Loan - Setup tab. The valid options are O-Open End and C-Closed End.

Keyword: PL

(Portico Host: 902 Transaction - PLAN CODE field)

Specifies the default method of payment for the loan on the New Loan - Setup tab. The valid options are:

C - Cash

P - Payroll deduction. System default.

S - Payroll deduction. The New Loan – Payroll Information tab appears automatically.

A - Automatic transfer. The Supported field in the Auto Transfer section on the Credit Union Profile - Loans tab must specify Y.

This is a branch-level field.

(Portico Host: 902 Transaction - PMT METH field)

Specifies the number of calendar days allowed as a grace period in the depledging process to ensure payments made via check are cleared before the share pledge is removed. The valid options are:

00 - Shares or certificates pledged to a loan will automatically depledge. If the Delayed Depledging field is 0, the Release Amount field and the Depledge Amount, Depledge Date, Release, and Manual Release Date columns will not appear on the Pledge Information dialog box.

01 to 99 - The number of calendar days a credit union has defined to delay share or certificate depledging.

Length: 2 numeric

(Portico Host: 904 Transaction - DELAY DPLG field)

Specifies that your credit union has one or more loan types using promotional rates. When the Automated Promotional Interest Rate Changes Allowed checkbox on the Loan Profiles – Rate Information tab is selected for a loan type, the Automated Promotional Interest Rate Changes field will reflect a value of B – Beginning Month. After the billing process has been completed at month end, the Automated Promotional Interest Rate Changes field will change to Y – Supported. If the credit union does not use Promotional Loan Rates, the Automated Promotional Interest Rate Changes field will be N – Not Supported. The field value will only appear in branch 000.

(Portico Host: AR9H)

Reporting Analytics: Promo Interest Rate Change Ind (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

Specifies that your credit union has one or more loan types that can be a participation loan. When the Participation Loan Servicing checkbox on the Loan Profiles – Account Information tab is selected for a loan type, the Participation Loans field will reflect a value of B – Beginning Month. After the billing process has been completed at month end, the Participation Loans field will change to Y – Supported. If the credit union does not use participation loan servicing, the Participation Loans field will be N – Not Supported. The field value will only appear in branch 000.

(Portico Host: 902 Transaction - PARTICIPATION LN field)

Reporting Analytics: Participant Loan Flag (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

If selected, delinquency history appears on the Loans - Delinquency tab. The system calculates delinquency history using the grace period specified in the Online Grace field.

(Portico Host: 902 Transaction - O/L HISTRY field)

The number of grace days allowed before a delinquent loan appears in the online delinquency history. This information is also used in the credit bureau reporting of delinquent loans. Valid values are 0 through 29.

Length: 2 numeric

(Portico Host: 902 Transaction - O/L GRACE field)

If selected, the Online Payments Made on Delinquent Loans Report 061 is supported. This report contains only the previous day's activity and prints at the credit union daily.

(Portico Host: 902 Transaction - REPORT 061 field)

If selected, Portico will assess late fees for delinquent payroll-paid loans. The late charges are automatically assessed during payroll processing.

(Portico Host: 902 Transaction - P/R LT FEE field)

If selected, the system will produce late notices (440 Report) for payroll-paid loans that are delinquent.

(Portico Host: 902 Transaction - P/R NOTICE field)

Indicates if Portico will include (or consider) delinquent credit cards and delinquent vendor mortgage loans based on the vendor's delinquency calculations when processing share withdrawals where Courtesy Pay will apply. If this option is No (not selected), then Portico will not look to see if the vendor loan is delinquent before using Courtesy Pay for the share withdrawal. If the option is Yes (selected), then Portico will consider the delinquency based on the vendor's delinquency calculations before using Courtesy Pay or any type of withdrawal processing such as overdraft processing.

(Portico Host: 902 Transaction - ML\CC field)

Indicates if the system requires an override teller ID for loan advances on delinquent loans. The valid options are:

N - Override teller ID is not required. System default.

Y - Override teller ID is required for loan advances on loans that are delinquent according to Delinquency Method D. This will include vendor loans (mortgage, education, and credit cards).

B - Override teller ID is required for loan advances on loans that are delinquent according to the delinquency calculation method. This will include vendor loans (mortgage, education, and credit cards).

On loans with Delinquency Method B, the loan must be delinquent beyond the percent of the scheduled loan payment amount specified in the Delinquency Percent field.

For loans with Delinquency Method D, the loan must be delinquent beyond the number of days specified in the Withdrawal Grace field.

(Portico Host: 902 Transaction - LN ADVANCE field)

Indicates the system requires an override teller ID on share withdrawals for members with delinquent loans. The valid options are:

N - Override teller ID is not required. System default.

Y - Override teller ID is required if the member has a loan that is delinquent according to Delinquency Method D. This option does not consider Delinquency Method B loans. For Delinquency Method B loans, all activity will be allowed; no override required.

B - Override teller ID is required for share withdrawals if the member has a delinquent loan.

On loans with Delinquency Method B, the loan must be delinquent beyond the percent of the scheduled loan payment amount specified in the Delinquency Percent field. An override is required on share withdrawals if the loan is delinquent beyond the percent of the scheduled loan payment amount specified in the Delinquency Percent field.

For loans with Delinquency Method D, the loan must be delinquent beyond the number of days specified in the Withdrawal Grace field.

(Portico Host: 902 Transaction - SHARES W/D field)

Reporting Analytics: Shr WD OVRD Delq CC/Mtg (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

The number of days a loan is allowed to be delinquent before requiring an override teller ID for share withdrawals. The Withdrawal Grace field can be different for each branch. The grace period can range from 0 through 999. The Withdrawal Grace field for ATM transactions is specified where the ATM $teller resides. This is a branch-level field. (Portico Host: 902 Transaction - W/D GRACE field)

Indicates the number of late notices produced during a delinquency period. This is the maximum number of notices a member will receive on the loan during the delinquency period. The valid options are:

0 - Late notices are NOT produced. System default.

1 - One late notice per delinquency period

2 - Two late notices per delinquency period

3 - Three late notices per delinquency period

(Portico Host: 902 Transaction - LT NOTICES field)

The number grace days allowed before the first, second, and third late notice is produced for a loan. A notice is produced when the number of days past the next payment due date exceeds or equals this number. This field is valid for loans with Delinquency Method B and D calculations if the loan due date is in the past. The number of days entered must be in the range of 0 through 999.

Length: 3 numeric

(Portico Host: 902 Transaction - GRACE 1, 2 and 3 fields)

The loan delinquent amount allowed before a late notice is produced. Late notices are produced for loans with delinquent amounts greater than this amount. Valid for Delinquency Method B and D loans. Valid values for this field are 0 through 999.99.

Length: 6 numeric including decimal

(Portico Host: 902 Transaction - NOTICE LMT field)

The number of days allowed for mail delivery of late notices. Mail days are added to the number of delinquency days when calculating interest due on a loan. This allows the late notice to show the correct amount due when it is received in the mail. Valid mail days are 0 through 999.

Length: 3 numeric

(Portico Host: 902 Transaction - MAIL DAYS field)

The percentage of the scheduled loan payment amount that must be delinquent before the system requires an override teller ID for share withdrawals and loan advances. Valid only for loans with Delinquency Method B. The valid percentages are 0 through 100 percent. Example: 075.00 equals 75 percent. Works with the Loan Advance field and Share Withdrawals field.

Length: 6 numeric including decimal

(Portico Host: 902 Transaction - DELQ PERC field)

If selected, the system produces delinquency notices (440/441 Reports) for loans that are delinquent according to Delinquency Method B calculations but whose payment due dates are current (do not fall into the categories of notice number 1, 2, or 3).

(Portico Host: 902 Transaction - METHB NOTC field)

The percentage of the scheduled loan payment amount that must be delinquent before the system produces delinquency notices (440/441 Reports) for loans with Delinquency Method B. System default is 000.00.

Members will receive one Method B notice when they are delinquent based on Method B but the payment date is current. Then they would not receive any more notices unless their due date became past due, which indicates the member actually missed a payment. At this point the system would produce notices 1, 2, or 3 and adjust the counter flag on the Loans - Delinquency tab. The valid percentages are 0 through 100 percent. Example: 050.00 equals 50 percent.

Length: 6 numeric including decimal

(Portico Host: 902 Transaction - METHB NOTC GR field)

If selected, auto transfer loan payments are supported.

(Portico Host: 905 Transaction - AUTO XFER field)

If selected, shares will be held for automatic loan payment transfers. This hold applies to online activity only.

(Portico Host: 905 Transaction - SHRS HELD field)

If selected, Portico calculates and posts credit life insurance (CLI) during the month-end back-office cycle. The premium can be paid by the member and the credit union (member-pay), or just by the credit union (group-pay). The 480 Report Rules contains the processing criteria for group-pay CLI, and the 485 Report Rules contain the criteria for member-pay CLI. The 480 Report provides group-pay premium information, and the 485 Report lists the members with member-pay CLI.

If selected, you must select the correct credit life insurance option on the New Loan - Setup tab or Loans - Insurance tab. The Calculators - Truth-In-Lending tab will include the CLI premium when calculating the payment for a new loan or recalculating the payment for an existing loan.

Portico calculates and posts credit life insurance premiums for the following companies: CUNA Mutual, Minnesota Mutual, PHF Life Insurance Company (formerly Richard J. Katz), and Creditors Resources.

System default is not selected.

(Portico Host: 901 Transaction - LN PROT field)

Indicates how premiums will be paid for MRCDI (Monthly Renewable Credit Disability). Foreign refers to an outside processor (non-Fiserv) performing the calculations. The valid options are:

N - Not supported. System default.
S - Premiums are paid by share withdrawals.
L - Premiums are paid by loan advances.

(Portico Host: 901 Transaction - INS OPT field 1)

Indicates whether Portico calculates and posts CDI for the credit union during the month-end back-office cycle. Portico calculates premiums based on a level rate or a rate table, depending on the loan plan. The 130 Report Rules contain the processing criteria for CDI insurance. The 130 Report lists all members with CDI insurance. The valid options are:

Y - Calculate and post CDI premiums based on the following fields on the 130 Report Rules: INSURANCE PLAN and LEVEL RATE $ PER $100 or RATE TABLE ID and INS PLAN. If L appears in the INSURANCE PLAN field and an amount appears in the LEVEL RATE $ PER $100 field, the system calculates the premium using the rate. If the RATE TABLE ID field contains a valid ID and E, F, G, or H appears in the INSURANCE PLAN field, the system calculates the premium using the rate table. If you select Y, you only specify criteria for a level rate calculation or a rate table calculation. You cannot specify criteria for both. The message INVALID TXN, 901 MRCDI = Y appears if you enter information in the LEVEL RATE $ PER $100 field and in the RATE TABLE ID field on the 130 Report Rules.

N - Do not calculate CDI premiums. System default.

B - Calculates and posts CDI premiums according to the loan plan specified selected on the Loans - General tab. You can select both a level rate and a rate table calculation. On open-end loans, the system calculates the premium using the rate in the LEVEL RATE $ PER $100 field on the 130 Report Rules. On closed-end loans, the system calculates the premium using the rate table specified in the RATE TABLE ID field on the 130 Report Rules.

When you select Y or B, you must specify whether the premium will be added to the member's loan or withdrawn from shares on the New Loan - Setup tab or Loans - Insurance tab. The Calculators - Truth-In-Lending tab will include the CDI premium when calculating the payment for a new loan or recalculating the payment for an existing loan. If B appears in this field on the 901 tab, you can specify O (open-end loan) or C (closed-end loan) in the CDI Option field on the Calculators - Truth-In-Lending tab to insure the system uses the correct rates.

Portico calculates and posts credit disability insurance premiums for the following companies: CUNA Mutual, Minnesota Mutual, PHF Life Insurance Company (formerly Richard J. Katz) and Creditors Resources.

(Portico Host: 901 Transaction - MRCDI field)

Indicates if Portico will determine closed-end loan eligibility for level rate credit life and level rate credit disability insurances using credit union-defined maximums. These maximums will be used to support truncated coverage on new loans. This checkbox should only be selected if your main credit union branch resides in a state where CUNA truncated coverage support has been introduced and maximums have been established for loans with newly-elected level rate insurance. Loans existing on Portico, before activation of truncated coverage, will continue to process without the new eligibility requirements.

When the Support Truncated Coverage for Level Rate Insurance checkbox is not selected, level rate credit disability and credit life insurance processing remains unchanged, and truncated coverage support using a maximum duration term is not supported for level rate credit disability and credit life insurances. Unselected is the default option for this checkbox and should remain the option until truncated coverage has been introduced in your state. Credit life insurance will continue to support the maximum months insured option that is currently available on the 485 Report Rules. Insurance coverage-elected dates other than the loan booking date are not allowed; therefore, insurance coverage is considered supported from the origination date of the loan.

If the Support Truncated Coverage for Level Rate Insurance checkbox is selected, truncated coverage support using a maximum duration term for level rate credit disability and credit life insurance is supported. This allows a loan to be considered eligible for insurance where the insurance does not cover the entire term of the loan. In addition, insurance coverage elected dates, other than the loan booking date, are allowed. When a new loan is booked to Portico from Loancierge or another loan product, Portico will enter the effective date of the loan as the insurance coverage-elected date. You can indicate if a member elects insurance at a time other than when the loan is booked on the Loans - Insurance tab.

Note: For credit unions that have Portico calculate and post level rate insurance premiums using the 130 and 485 Reports, but CUNA is not their insurance partner, you verify that truncated coverage for level rate insurance is supported by your insurance vendor. The Support Truncated Coverage for Level Rate Insurance checkbox should not be selected for any of these vendors, Minnesota Mutual, PHF Life Insurance Company (formerly Richard J. Katz), and Creditors Resources, until verification has been completed.

(Portico Host: 901 Transaction - INS OPT field 2)

Reporting Analytics: Truncate Insurance Flag (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

If selected, the minimum share balance is checked during list bill processing. The processing rules for the specific share type contains the minimum balance. System default is not selected.

(Portico Host: 901 Transaction - MIN BAL field)

If selected, partial payments for list bill premiums are allowed. Pledges and check holds will be ignored. System default is not selected.

(Portico Host: 901 Transaction - PARTIAL field)

If selected, the credit union uses the Debt Protection field on the Loan Insurance tab to indicate debt protection coverage. The Debt Protection checkbox must be selected to see the Debt Protection field on the New Loan - Setup tab and the Loan Insurance tab. System default is not selected.

(Portico Host: 901 Transaction - DBT field)

Reporting Analytics: Debt Protection Flag (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

If selected, the credit union processes Indirect Loans. These loans are originated by auto dealerships and serviced by the credit union. This is a branch-level field.

(Portico Host: 906 Transaction - OPTION field)

The dealer payable GL account used in Indirect Lending. This GL is credited on the first of the month with an effective date of the prior month for the amount of cash debit on the dealer statement for each reserve type. The offset GL for this journal voucher is Dealer Holdback. Also, on the first of the month, this GL is debited for the amount of each cash debit on the dealer statement for each reserve type with an effective date of the current month. The offset for this journal voucher is the member share account on the Dealer Information window. The back-office transaction number in GL history transaction is 534. This is a branch-level field.

Length: 6 numeric

Keyword: GL

(Portico Host: 906 Transaction - DLR PAY GL field)

The dealer holdback GL account used in Indirect Lending. This is a branch-level field.

During monthend processing this GL is credited with the amount of upfront reserve for all new indirect loans. Also, during month end processing this GL is debited for all chargebacks. The back-office transaction numbers in GL history are:

Upfront Reserve Postings: 530

Payoff Chargeback: 531

Chargeoff Chargeback: 532

Length: 6 numeric

Keyword: DL

(Portico Host: 906 Transaction - DLR HLD GL field)

Indicates the amortization method the credit union uses for amortizing the upfront reserve fee. The valid values are:

N - The credit union does not amortize the upfront reserve fee.

S - The credit union amortizes the fee using the straight-line method.

T - The credit union amortizes the fee using the straight-line method - term option. The Straight Line Number of Months field must be 00.

E - The credit union amortizes the fee using the effective rate method. System Default.

(Portico Host: 906 Transaction - AMT MTH field)

The number of months to use in the straight-line method of amortization, when amortizing the upfront reserve fee. The calculation for straight line is: Upfront Reserve Fee / Straight Line Number of Months.

The Straight Line Number of Months field must be 00 if the Amortization Method field is T - Straight Line Method - Term.

Length: 2 numeric

(Portico Host: 906 Transaction - MTH field)

If selected, the credit union uses credit card integration. Portico will receive periodic transmissions of credit card account information from the processor. If the credit union uses Collections, the system will include any delinquent accounts in Collections.

(Portico Host: 905 Transaction - CC OPTS field 1)

If selected, the system updates the dormant date on the Contact Information tab during the back-office cycle when credit card activity occurs for the member.

(Portico Host: 905 Transaction - CC OPTS field 4)

If selected, the credit card activity will appear on the Non-Financial Transaction Register Report 030. This checkbox must be selected if the Update Dormant Date checkbox is selected.

(Portico Host: 905 Transaction - CC OPTS field 5)

Indicates if you process credit card payments only, or credit card payments and advances.

(Portico Host: 905 Transaction - CC OPTS field 7)

If selected, Portico will collect name and address updates for existing cardholders and send them in a batch file to FIS during the Portico back-office cycle. The Credit Card Processor field must be FIS and the Location ID 2 field must contain the 6-digit credit union client/corporate ID assigned to your credit union by FIS.

Note: Only the TBS platform, 2100 format, and record type 8 are supported. The 2000 Base platform and Pass-Thru platform with FIS are not supported.

(Portico Host: 905 Transaction - DEMOGRAPHICS field)

Indicates what action the system should take when converting credit card account information from a foreign processor. The valid options are:

Y - Convert and create the credit card records. The credit card information will appear on the member's Account Information - Overview tab.

T - Perform a test run of the credit card conversion process and create an exception report. The report will list member's who could not be converted. Portico will send the report to the credit union so that the member's information can be corrected before the actual conversion.

N - Produces a report for the credit union to review the credit card data before it is converted. The report contains the member's SSN, name, and credit card number. System default.

(Portico Host: 905 Transaction - CC OPTS field 2)

Indicates whether the system converts the credit card accounts based on the member's account number or on the member's Social Security Number (SSN). The valid options are:

S - Based on the member's SSN

M - Based on the member's account number

(Portico Host: 905 Transaction - CC OPTS field 3)

Indicates the credit card processor used by the credit union. The valid options are:

E - FIS

P - Credit Processing Solutions

S - Fiserv Card Services Credit (CSC)

(Portico Host: 905 Transaction - CC OPTS field 6)

Indicates if nonfinancial updates, including seasonal address changes, are restricted on credit card accounts. The Credit Card Processor field must be S - Fiserv Card Services Credit (CSC). The valid options are:

N – Do not restrict nonfinancial updates.

Y – Restrict nonfinancial updates on all credit card accounts.

B – Restrict nonfinancial updates on business accounts only.

C – Restrict nonfinancial updates on consumer accounts only.

Note: If the tax ID type is employer ID number (EIN) on the Stmts/Reporting/Notices tab in today’s Portico or the Statements + Notices tab in the Portico User Experience, Portico considers the member account a business account. If the tax ID type is SSN or ITIN, Portico uses the account ownership type on the Contact Information tab to determine if the member account is a business or consumer account. If the account ownership type is business, Portico considers the member account a business account. If the account ownership type is individual or blank, Portico considers the member account a consumer account.

Reporting Analytics: Credit Choice Ind (Credit Union Rules > Header Processing Rules)

(Portico Host: 905 Transaction - CC OPTS field 10)

Indicates the length of the BIN used to assign different loan types to your credit card products. The valid values allow you use up to a 12-digit BIN, that is the first 12 digits of the credit card number or PAN, to assign the Portico loan type to a credit card.

Y - 6-digit BIN

E - 8-digit BIN

N - 9-digit BIN. System default.

T - 10-digit BIN

L - 11-digit BIN

W - 12-digit BIN

The BIN Look-up field determines if Portico only uses the BIN field or uses both the BIN field and the BIN Extension field on the Loan Profile - Additional Information tab to assign the Portico loan type to the credit card on the Credit Card Information dialog box or in back office. The first nine digits of the credit card number represent the credit card processor's BIN and are associated with the Portico loan type.

• If the BIN Look-up field is Y, Portico looks at the first six digits of the BIN field to determine the loan type.
• If the BIN Look-up field is E, Portico looks at the first eight digits of the BIN field to determine the loan type.
• If the BIN Look-up field is N, Portico looks at all nine digits of the BIN field to determine the loan type.
• If the BIN Look-up field is T, Portico looks at all nine digits of the BIN field plus the first digit of the BIN Extension field to determine the loan type.
• If the BIN Look-up field is L, Portico looks at all nine digits of the BIN field plus the first two digits of the BIN Extension field to determine the loan type.
• If the BIN Look-up field is W, Portico looks at all nine digits of the BIN field plus all three digits of the BIN Extension field to determine the loan type.

(Portico Host: 905 Transaction - CC OPTS field 9)

The main institution number used to group multiple credit card plans for the same member into the same transmission. This information is transmitted from a credit card processor such as CSC or CPS.

FIS - Nine-digit main institution number with two preceding zeroes

CPS, CSC - Routing and transit number with two preceding zeroes

Length: 11 numeric

(Portico Host: 905 Transaction - CR CD INS field)

The primary identification number assigned to the credit union by the credit card processor. Valid options are:

FIS - Nine-digit institution number preceded by a zero (0).

CSC - Not used

CPS - Nine-digit routing and transit number preceded by a zero

This is a branch-level field.

(Portico Host: 905 Transaction - LOC ID 1 field)

The secondary identification number assigned to the credit union by the credit card processor. Not used by CPS or CSC.

(Portico Host: 905 Transaction - LOC ID 2 field)

The time in Central Time Zone the credit card file will be transmitted to the credit card processor. For CPS and CSC users, the cut-off time field will be hidden since payments and advances will be sent to CPS intermittently throughout the day.

(Portico Host: 905 Transaction - CUTOFF TM field)

No longer used.

The credit union organization ID number within CPS.

If selected, the credit union uses the FICS Mortgage Servicer package. Fiserv Client Services selects this option on the Portico Help Desk Application tab.

If selected, the credit union uses the FICS Mortgage Accountant package. Fiserv Client Services selects this option on the Portico Help Desk Application tab.

Indicates if the credit union uses vendor mortgage loan integration. The valid options are:

Y - MLS Mortgage

C - Mortgage Computer

S - Servicing Director (Finastra)

O - OwnersChoice

N - Not Supported

Reporting Analytics: MLS Foreign Loan (All Header Processing Rules subject in the Credit Union Rules\All Credit Union Rules folder)

(Portico Host: 908 Transaction - MORTGAGE INTEGRATION field)

If the Integration field is O, a charter number is required. The charter number value must match the value on the loan update file provided by OwnersChoice.

(Portico Host: 908 Transaction - CHARTER NUMBER field)

Indicates if the credit union uses FICS for mortgage loan processing. The valid options are:

N - Does not use an FICS vendor mortgage package. System default.

1 - Loan Processor package only. This package provides mortgage loan origination and laser print capabilities.

2 - Mortgage Servicer package only. This package provides servicing and investor (secondary market) capabilities.

3 - Loan Processor and Mortgage Servicer packages.

4 - Mortgage Servicer and Mortgage Accountant packages. These packages provide additional flexibility and investor reporting.

A - Loan Processor, Mortgage Servicer, and Mortgage Accountant Packages.

The Transactions – Vendor Credit Card, Mortgage & Education Payments tab lets you process payments to vendor mortgage loans.

(Portico Host: 906 Transaction - FICS OPTION field)

Indicates if the credit union uses the vendor mortgage loan interface. The valid options are:

N - Not used. System default.

Y - Uses the vendor mortgage loan interface. The interface allows the following activity on vendor mortgage loans (account type M):

• Loan inquiry and downloading of payments processed on Portico to the mortgage loan vendor
• Uploading of general ledger activity to Portico
• Payment processing using the Transactions – Vendor Credit Card, Mortgage & Education Payments tab
• Auto transfer and payroll processing

P - Purge the mortgage loans during the next back-office cycle because the interface is no longer needed.

Once you change this field to Y you cannot change it back to N. You must change it to P. If P is chosen in error, you can only change to Y. The system will change this field to N when the vendor mortgage loans are purged from the Portico system.

(Portico Host: 906 Transaction - INTERFACE field)

The general ledger account number credited when loan payments on vendor mortgage loans (account type M) are processed on Portico. The number specified must exist in the GL Chart of Accounts. This GL number must also be specified in the PC setup file for the upload programs and in the distribution master in the Mortgage Accountant system on FICS.

Length: 6 numeric

(Portico Host: 906 Transaction - CLEARING GL field)

The real estate branch associated with the general ledger account specified in the Clearing GL Account field. All activity on vendor mortgage loans (account type M) will process through this branch.

Length: 3 numeric

(Portico Host: 906 Transaction - FICS CL BR field)

The number of days delinquent a vendor mortgage loan (account type M) can be before an override teller ID is required to perform online audio response and ATM activity. The grace period can range from 0 through 999. However, this field must be zero when N appears in the Share Withdrawals field in the Delinquency Options section.

Length: 3 numeric

(Portico Host: 906 Transaction - DELQ GRACE field)

The general ledger account number credited when loan payments on vendor mortgage loans (account type M) are rejected on Portico. The number specified must exist in the GL Chart of Accounts. This GL number must be specified in the PC set-up file for the upload programs and in the distribution master in the Mortgage Accountant system on FICS.

Length: 6 numeric

(Portico Host: 906 Transaction - SUSPENSE GL field)

The product code associated with the vendor mortgage suspense general ledger. The valid values are AA through 99.

Length: 2 alphanumeric

(Portico Host: 906 Transaction - SUSPENSE PC field)

If selected, the credit union supports vendor education loans. System default is not selected.

(Portico Host: 906 Transaction - EDUCATION field)

The general ledger account number credited when loan payments on education loans (account type E) are processed on Portico.

Length: 6 numeric

(Portico Host: 906 Transaction - PAYMENT GL field)

The credit union branch associated with the general ledger account specified in the Payment GL Account field. All payments on vendor education loans will process through this branch.

Length: 3 numeric

(Portico Host: 906 Transaction - EDUC CL BR field)

The loan type associated with vendor education loans.

Length: 1 alphanumeric

(Portico Host: 906 Transaction - LOAN TYPE field)

The education loan institution number used to identify credit unions on the vendor education loan transmission.

Length: 11 numeric

(Portico Host: 906 Transaction - INSTITUTION field)

The education loan vendor phone number.

Length: 10 numeric

(Portico Host: 906 Transaction - VENDOR PHONE field)

The time in Central Time Zone when the NELnet payment file will be closed on Portico and transmitted to NELnet via File Exchange (XROADS).

(Portico Host: 906 Transaction - CUTOFF TIME field)