Inquiry: Tax Escrow Account Detail

Description

The date the member opened this account.

The current balance of the account.

The total amount which has been secured from this account for loans or other miscellaneous pledged shares.

The amount of funds currently being held (usually due to check holds placed during teller posting).

The field shows the total available funds: the total balance minus any secured or uncollected funds.

Indicates the YTD amount of Annual Backup Withholding (if applicable for this member).

The average balance for the current dividend period.  Also referred to as “Average Daily Balance” or ADB.  Calculated as follows:

Accum. Balance ÷ Dividend Days Processed This Period = Period average balance

SEE ALSO:  Understanding the Average Daily Balance (ADB) Dividend Calculation Method

The lowest balance recorded during the current dividend period.

If this member belongs to a Marketing Club for which special share rate benefits apply, this shows the total benefits accrued for this account but not yet paid.

This shows the total amount of Marketing Club benefits paid to this account year-to-date.

Click this button to view a listing of the joint owners on this account.

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

The General Ledger account number associated with this account.

The loan account associated with this escrow account. A specified amount of funds paid to the loan account are transferred to this escrow account.

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

The total number of transfers made from the account during the current dividend period.

Indicates whether or not the account is frozen. Click here for a list of freeze codes.

Indicates a Passbook printer account.

Indicates if an AFT (Automatic Funds Transfer) record has been set up to transfer funds TO this account.

Indicates whether this account has a payroll base deposit record, or receives distributions via the payroll system.

Indicates how the dividends on this account are paid to the member.

If dividends are transferred to another account (Div Payment Code 0) this shows the account to which dividends are transferred when paid.

This section shows total dividends paid each quarter, with a Total of all dividends paid to the account for the current year.

The total dividends accrued on the account but not yet paid.

Enter a date here and use Enter to see transaction history from that date forward. This field defaults to the date of the last activity on this account.

Description

Use this to choose a different base account number from the initial Member Inquiry screen.

Use this to choose a different account type for this member from the Account Type screen.

Use this to return to the Home Page.

Use this to verify share dividend accruals using history from this account.  Remember that this will work properly ONLY if this product uses one of the daily accrual calculation methods (simple daily or compound daily), NOT the average daily balance method. 

This will display a history of items (checks, ACH, etc.) drawn on this account that were either returned due to non-sufficient funds, or posted to a negative amount by the Auto Non Returns system.

This shows pledged share or miscellaneous secured funds records that affect the available balance on this account.

This shows additional details about the escrow account.

• Refer to the booklet, Escrow Processing with CU*BASE, for details.

Not applicable for tax escrow accounts.

This displays payroll deduction information for this account.

This allows you to view Trackers already created for this member and add new conversation notes to existing Trackers.