Reviewing Certificate Holds and Pledges

The Certificates – Hold/Pledges tab displays the pledge and hold information on the certificate account. To access the Certificates – Hold/Pledges tab, under Member Services on the Portico Explorer Bar, click Account Information. The Overview tab appears on top. Click the Certificates tab. Locate the member using the search tool on the top menu bar. Select the down arrow to select the search method, then enter the search criteria. Select the green arrow or press ENTER to locate the member. Click the Select a Certificate down arrow to select a certificate number and description. Then, click the green arrow. Click the Hold/Pledges tab.

How do I? and Field Help

To add a hold, enter the credit union-defined hold code in the Hold Code field. The Hold Code field can be customized using the Customized Field - Update window. Then, enter the amount of funds restricted by the current hold (Length: 10 numeric). The system will automatically reduce the available balance of the account by this dollar amount.

The Pledge Detail grid lists detailed information about each pledge on the certificate account, including the member number, note number, and pledge amount. Click More to view additional certificate pledges. Click the left and right arrows to scroll through the pledge detail page by page.

Column Heading	Description
Pledge Member	The member that has the pledged loan. Keyword: PM
Note Description	The note number of the loan that the share or certificate account is pledged. Keyword: PN
Pledge Amount	The share or certificate amount pledged against the loan. The system will automatically reduce this amount as loan payments are made if B or T appears in the Depledge field on the Loan Profiles - Account Information tab. If N appears in the Depledge field, you must use the Pledge Information dialog box to adjust or remove the pledged amount. To remove a pledge associated with a purged loan, type 0.00 in the Pledge Amount field and click Save. Length: 12 numeric including decimal Keyword: GA

Click Additional Pledge Information to open the Pledge Information window and release a pledge.

Click Save to save your changes.

General Ledger Effects: none | Related Reports: Non-Financial Transaction Register Report 030 (if maintained)

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