Viewing Share and Certificate Pledges

The Loans – Pledges tab provides information about the share and certificate pledges on a loan.

To access the Pledges tab, under Member Services on the Portico Explorer Bar, click Account Information. The Overview tab appears on top. Click the Loans 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 Loan Account down arrow to select the loan note number and description. Then, click the green arrow. The General tab appears on top. Click the Pledges tab.

How do I? and Field Help

Complete the following fields to add a pledge in the Loan Pledges grid.

Column Heading	Description
Delete	To delete a pledge, select the Delete check box next to the pledge and click Save.
Member Number	The member number of the account where the shares or certificates are to be pledged. The member number is required and must exist before funds can be pledged. Length: 12 numeric Click the member lookup button to open the Member Search window and locate a member.
Pledge Account	The share type to be pledged or the certificate number of the certificate being pledged. The share type must already exist before funds can be pledged. A share account can only be pledged against the same loan once. The certificate must already exist before funds can be pledged. A certificate account can only be pledged against the same loan once. Share Account Keyword: GT Certificate Account Keyword: GC
Pledge Amount	The amount of funds being held. It must not exceed the available funds in the account. Type 0.00 in this field to remove the pledge amount. Length: 12 numeric including decimal Keyword: GA
Code	The credit union-defined pledge code. The valid options are 0-9 and A-Z. Default pledge code Z will appear if a payment completely releases a certificate pledge and that payment is later reversed using the Reversals - Prior Day Loan Reversal tab. This field is required if the Pledge Amount field is greater than 0.00. Length: 1 alphanumeric Keyword: PK

Click Save to save your changes.

The Total Amount Pledged field displays the total share and certificate amount pledged against the loan. The valid value must be greater than zero but less than $99,999.

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

General Ledger Effects: none | Related Reports: none

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