Related Topics: Share and Share Draft Accounts

Share and Share Draft Accounts

Setting Up Shares

• Shares Security Groups and Permissions
• Shares Credit Union-Level Processing Rules
• Defining Share Types
• Customizing Promise Statuses

Viewing Basic Share Account Information

Adding a New Share or Share Draft Account

Reviewing Share/Share Draft History

Maintaining Account Co-Owners

Reviewing Holds and Pledges on the Account

Maintaining Check Holds, Pledges and Debit Holds

• Releasing Pledges

Reviewing Activity Counters and Average Balances

Maintaining Fee Options and Charging Off Accounts

Adding a Promise

• Maintaining Promise Details
• Viewing the Promise List

Setting Up Draft IDs, Courtesy Pay and Overdraft Protection

Adjusting the Month-End Combined Account Analysis

• Viewing Account Analysis Current Month Tracking

Adding Draft Stop Pays

Viewing ATM/Debit Card Activity

Reviewing Share Account Flags and Counters

Adding and Viewing Collection Notes

• Adding Collection Notes

Calculating Truth in Savings

Making Deposits, Withdrawals, Payments & Transfers

• Entering Documents Presented as ID
• Entering Checks in the Check Log
• Entering Cash in Cash Received
• Selecting the Check Hold Option
• Member Loans
• Transaction Fee
• Assessing a Fee with Sales Tax

Depositing Money to a Share Account

Withdrawing Money From a Share Account

• Payee Name Options

Transferring Money To and From Share and Loan Accounts

• Optional Withdrawal Information

Depositing Money to a Share Account from a General Ledger

Withdrawing Share Funds to a General Ledger

Share Close and Transfer Process

Closing a Share Account

Changing Share Type Dividend Rates

• Changing DOD/DOW Dividend Rates
• Changing ADB Dividend Rates

Processing Exceptions

• Customizing Share Draft Processing
  • Customizing the Return Code List and Descriptions
  • Defining Share Draft Default Return Codes
  • Defining Draft Stop Code Descriptions
  • Creating Share Amount Hold Codes
• Share Draft Security Groups
• Processing Share Draft Returns
• Posting Online Share Draft Fees
• Viewing the Return Items Summary
• Adding a New Return Item
• Share Draft Exception/Return History
• Post/Reverse Share Draft Exceptions
• Post/Reverse Loan Draft Exceptions
• Balancing and Daily Procedures
  • Share Draft Daily Procedures
  • Balancing Procedures

Purging Share Accounts