Updating Account Information - Tax Escrow

Screen ID: 

Screen Title: 

Panel Number:

UMEMB-05

Account Information Update

2458

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Field Name

Description

Last maintenance date

The last date on which this account information was maintained.

Current balance

The current balance of the account.

Account opened by MSR

The Employee ID of the employee who actually opened the account. (Will be blank for accounts opened before June 16, 2003.)

Date opened

The date on which this account was opened.

First Column

Dividend application

The dividend application code indicating the account type.

G/L account

The G/L offset account for this account type.

Suspend escrow analysis

Check this checkbox to exclude an account from escrow analysis. This allows you to remove accounts from the analysis while you research problems with the account. (A checkbox here is recorded as a Y in the MEM4F2 field in MEMBER4, so you can use Query for a listing of escrow accounts that have been excluded.) When you are ready to include these accounts in your analysis, simply uncheck this checkbox.

# of Withdrawals

The total number of withdrawals made from the account during the current month.

# of Transfers

The total number of transfers made from this account during the current month.

Low Balance Month 1
Low Balance Month 2
Low Balance Month 3

No longer used.

Dividend last accrued

The last date the system calculated dividends. This figure is calculated by the system, so it is recommended it not be changed here.

Freeze

Use one of the following codes to define transaction restrictions for this account. The system indicates whether or not an account is frozen in the teller posting and inquiry systems.

0 All transactions allowed

1 Withdrawals and disbursements not allowed

2 Deposits and payments not allowed

3 No activity allowed

Passbook process ID

This field indicates whether or not the account is a Passbook printer account (0=No, 1=Yes).

Statement indicator

This field is currently not used.

Second Column

Div. accrd.

This field indicates the total amount of dividends accrued by this account.

Dividend paid: Q1

Q2

Q3

Q4

These fields indicate paid YTD dividends for each calendar quarter.

Accum. balance

This field is a total of account balances for each dividend period. The total is used by the system when calculating Average Daily Balance.

Minimum balance

The lowest balance recorded during the current dividend period.

Annual backup W/H

If the member is subject to dividend withholding, this field shows the amount withheld from this account year-to-date.

Accd. club benefit

This fields shows Marketing Club benefits that have been accrued but not yet paid to this account.

• Refer to the CU*BASE Marketing Clubs
  Configuration, Benefits and Enrollment booklet for details on Club benefits.

YTD club benefit

This field shows all Marketing Club benefits that have been paid to this account year-to-date.

• Refer to the CU*BASE Marketing Clubs
  Configuration, Benefits and Enrollment booklet for details on Club benefits.

Third Column

Dividend post code

This field should normally be left blank to indicate normal dividends as determined by the account type. In rare cases, the flag can be used to flag the account so that it does not earn dividends, using one of the following codes:

(blank) Account will earn dividends normally according to the product configuration.

N - Account should not earn dividends for the current dividend period only. After dividends are posted for the period, the system automatically resets this flag back to “blank” so that dividends will be paid as normal.

X - Account should not earn dividends. This code can be used as a “permanent” flag to indicate that no dividends should ever be earned on the account.

Escrow analysis chg

This amount is used to determine the payment amount for the loan account that is associated with this escrow savings account. It is updated as part of escrow analysis processing to make up for any identified shortage/deficiency.

SEE ALSO: Escrow Processing

Escrow payment

The amount of the escrow payment.  This amount cannot be changed on this screen.

Escrow partial pay

The payment made toward the escrow payment during the course of the month.

Escrow loan account

The loan account attached to the escrow account.

Escrow run date

The last date that the escrow analysis was run for this account.  This amount cannot be changed on this screen.

Escrow analysis date

The last month the escrow analysis was run for this account.  This amount cannot be changed on this screen.

Escrow Disbursement Records

This section of the screen shows the payee codes and escrow types that have been set up for this escrow account.

SEE ALSO: Escrow Processing with CU*BASE