Inquiry: Loan and LOC Account Detail
Screen ID: | IACTTB-05 | |
Screen Title: | Member Account Inquiry | |
Panel ID: | 5584 | |
Tool Number: | n/a | |
Click here to magnify |
This screen will appear when a loan or line of credit (LOC) account type suffix is entered on the Account Type screen.
Check out the video related to this topic: Collection Card II (More videos below!) |
Screen Overview
This is the Account Detail screen used to display detailed information about loans and LOC accounts.
In the Transaction Inquiry Date field at the bottom of the screen, type a date and use Enter to proceed to the Transaction History screen
If this loan has been flagged as either a balloon loan or a lease loan, click the Balloon Loan button in the title area of the screen to view the Lease/Balloon/Residual Value Inquiry window showing some additional details unique to these types of loans.
-
View Delinquency Information: If this account is a delinquent loan or credit card, you will first view the Delinquency window. (For credit cards, you can also use this feature to view the statement history window.) From the Inquiry screen use the lookup next to "Delinquent" (F23) to access this window. This screen shows information such as the amount delinquent, the fine amount and the actual number of days delinquent.
Use History (F9) to view a history of changes made to the scheduled payment on this loan account. This can be helpful especially when researching payment changes over time on an interest-payment-only loan or a line of credit.
If you see an "Indirect Loans" button, it means this loan is linked to an indirect dealer. Click the button to move to a view only version of the Indirect Loan Dashboard showing only that loan. If the Inquiry screen is accessed from the dashboard, this button will not be present.
Integration between CU*BASE and your imaging solution
This screen has a link to your imaging solution to further integrate with CU*BASE. The “Scan e-Document” button is used for scanning a document into your imaging solution. The “View e-Document” button is for retrieving images from your imaging solution.
-
Remember: Only documents warranted by the CU*Spy online vault can be scanned into that vault.
-
Clients with in-house imaging solutions should contact Imaging Solutions for assistance configuring links for use with your vault.
"Custom Fields" Button
A Custom Fields button will display if custom data is recorded for this account. This is recorded in the Account Update screen. Click the button to display a screen that will show the data collected.
Special Notes Regarding Online Credit Card Loans
-
Only the last four digits of the card is displayed on this screen by default.
-
Click the Cardholder Info button to display a listing of the cards attached to this loan.
-
Click the Credit Card Inquiry button to view a history of activity on this credit card, including a breakdown of balances owed by charge type (purchases, cash advances, balance transfers).
-
Select the Cash Back Rewards button to view the cash back payout history for the member.
-
If the Regular payment field label appears in blue text, it means that there is a pending Payment Change record waiting to be implemented for this account on the Payment Change screen.
-
Refer to theOnline Credit Card Processing User Guide.
Field Descriptions
Field Name |
Description |
Opened |
The date this account was opened. |
G/L account |
The General Ledger account number associated with this account. |
Category |
The loan category code indicating the type of loan. |
Purpose |
This code indicates why the loan was taken. (For example, a “Home Improvement” loan category may use several different purposes, such as “Remodeling” or “Addition.”) These codes are credit union-defined. |
Security |
This code indicates what will be used to secure the loan. These codes are credit union-defined. |
Proc type |
The process type indicates how the loan behaves, and relates to both the General Ledger and various reports. Following are valid process types: E Closed-end O Open-end C Construction L Line of credit S Student loans in interim P Student loans in payout M Mortgage |
Current Balance |
The current balance in the account. |
+ interest |
The amount of interest owed on the loan. For mortgages that use the 360-day calculation type, this will include current interest plus delinquent interest due, if the loan is past due. Use F23-Delq/Cr Rpt Hist to see the breakdown. |
+ delinquent fine |
The amount owned in delinquency fines, if any. |
- insurance rebate |
Any insurance premium rebates due back to the member.
|
= Loan Payoff |
This field calculates the current balance plus any interest and delinquency fines, minus any insurance rebates, to show the current loan payoff amount. |
Interest rate |
The current interest rate on the account. |
Daily interest |
The interest amount accrued per day on this loan, calculated as follows: Interest Rate ÷ Days In Year (365 or 366) = Daily Interest Factor (x.xxxxxxxxx) Daily Interest Factor ´ Current Balance = Daily Accrual (xxxxxxxxx.xx) |
YTD Interest |
The total amount of interest paid year-to-date. |
Var int |
The code indicating the variable interest rate used by this loan type. If viewing a loan that has a Group variable rate code that is set up as a mini-contract (update by loan terms), click the Mini-Contract button that appears near the top of the screen to view the Loan Terms screen showing the rate change caps set up for this loan. |
Amort/maturity date |
For closed-end loans, this field indicates when the loan contract ends. For open-end and balloon loans, this field indicates the term used when calculating the amortization for this loan. For credit card loans, this field does not effect the status of the loan, as payments are determined by the interest rate and payment control fields in the loan category configuration. |
Review
date |
For current loans, this field shows the date on which this loan should be reassessed, and a decision made as to whether or not to renew the member's ability to continue borrowing. For closed-end loans, this date will generally be the same as the Amort/Maturity date. However, for line-of-credit and open-end loans, this date should allow time for the loan to be reviewed prior to extending additional credit.
|
|
|
Insurance/Payment Protection, Miscellaneous coverage |
These fields indicate if there is coverage attached to this loan. Use the lookup to see what coverage is attached. |
Collateral |
Indicates whether there are any collateral records associated with this loan. Use the Collateral lookup . (F16) to view collateral records |
Secured |
(Applies to LOC loans only.) Indicates if there are Misc. Secured Funds records securing funds on this LOC account, such as online credit card authorizations. Use the Pledged lookup to view the details (on this screen and this screen). |
Delinquent |
Indicates if this loan is currently delinquent. Use the lookup or F23 to view delinquency information and a complete breakdown of current and past delinquency details, as well as details of the online credit report associated with this loan, if any. You can also access a history of credit bureau reporting for this loan, showing each time the loan was reported to the bureau(s) and the associated status information. |
Addtl signers |
Indicates if there are any additional signers (co-borrowers) on this loan. Use the lookup to access the Additional Signer Maintenance screen. |
Part Loan |
Indicates this is a participation loan. Use the to access the Participation Loan Setup screen. |
Pledged |
Indicates if a savings, checking, or certificate account has been pledged as security (collateral) on this loan. Use the lookup (F15) to view details (on LOC or other accounts). |
Payroll |
Indicates whether this account has a payroll base deposit record, or receives distributions via the payroll system. Use the lookup to access the Payroll Inquiry screen. |
ACH |
This account has a current record in the ACH Distribution Master file, either for a base deposit or a subsequent distribution. |
AFT |
Indicates if an AFT (Automatic Funds Transfer) record has been set up to transfer funds TO this account. |
Frozen |
Indicates whether or not the account is frozen.Click here for a list of freeze codes. |
Check digit |
(Appears for MEMBER6 line-of-credit loans only.) This is a calculated check digit to be used when printing LOC Disbursement Checks. |
Club benefits: Accrued |
If this member belongs to a Marketing Club for which special loan rate benefits apply, this shows the total benefits accrued for this account but not yet paid. |
Club benefits: YTD |
This shows the total amount of Marketing Club benefits paid to this account year-to-date.
|
Loan delivery channel |
Starting in May, 2005, this two-digit code will indicate the source of the original application for this loan account. Common codes include: HB Online Banking CU CU*BASE Loan Processing DT Dealer Trak |
Pmts skipped this year |
Indicates the number of times the Skip Pay for Consumer Loans feature was used to skip a payment on this loan for this calendar year. Learn more about consumer skip-pay programs. |
Pmts skipped life of loan |
Indicates the number of times the Skip Pay for Consumer Loans feature was used to skip a payment on this loan for the life of the loan. Learn more about consumer skip-pay programs. |
Disbursement limit |
The maximum amount for which this loan was approved. (See also Secured funds and Available funds described below.) |
Interest accrued through |
This field shows the date through which accrued interest has been calculated. |
Last disbursed balance |
This field shows what the account balance was the last time a disbursement was granted (including the disbursed amount). This may be different from the account balance, if a payment was made on the loan since the last disbursement. |
Last payment |
The amount of the last payment made on the loan. |
Regular payment |
The amount of the regular period payment, including principal, and interest. It does not include escrow amounts, if any exist. For online credit card accounts only: If this field label appears in blue text, it means that there is a pending Payment Change record waiting to be implemented for this account. (This is done via the Payment Changes option in Misc. Loan Maintenance.) This might be because the member has been given a set monthly payment as part of a bankruptcy reaffirmation situation, or because of a skip-a-pay program, or other reason. |
Amount due |
This field shows the total amount the member owes in order to bring the loan current and satisfy any outstanding fines: Amt Delq + Fine Amt = Amt Due
|
Partial pay |
This field shows the amount, if any, which has already been paid toward the next payment due. The system adds any amounts in this field to payment amounts being received to determine whether the member has paid enough to satisfy (fulfill) the complete required payment. This field is reset to 0.00 automatically whenever enough money is received to satisfy a full regular payment amount. (Remember that whether or not the payment due date also moves forward is also dependent on the Delinquency control settings on the loan.)
|
Secured funds |
(Used by LOC loan accounts only.) If any Misc. Secured Funds have been created on this LOC account (such as outstanding authorizations for online credit card loans), this will show the total amount currently being held. This will reduce the amount of funds available for the member to withdraw (borrow) on the account. (See also Available funds described below.) |
Total disbursed |
The total amount actually disbursed to the member. |
Last disbursed date |
The date funds were last disbursed to the member. |
Last payment date |
The date of the last payment made on the loan. |
Next payment |
The day of the month on which the next payment will come due. When set to 29, 30, or 31, this is used by the system to properly adjust payment dates with months that have different numbers of days (February, etc.). Otherwise the field is informational only.
|
# of payments remaining |
(Shown on closed-end loans only.) The total number of payments yet to be made on the loan. Used only by closed-end loans stored in MEMBER5, this counter is incremented each time the system moves the Next payment date forward after the member satisfies a full payment due.
|
Frequency |
This field indicates how often payments are made (e.g., monthly, quarterly, etc.). |
Stepdown Amount |
This is a special feature used by interest-only line-of-credit loans, which provides an interest-payment only LOC where the disbursement limit is automatically lowered incrementally each month by this amount. This field shows the calculated amount that is stepped down (subtracted from the disbursement limit) every month, calculated as original disbursement limit (not shown on this screen) divided by the # of payments (or amortization term, for balloons). Refer to the Interest Payment Only Loans booklet for details on this feature. |
Available funds |
This field indicates the total amount that can still be disbursed on this loan. This is calculated as follows: Disburse limit -Current balance - Interest due * - Secured funds ** =Available funds *Depends on
an optional setting in your credit union's master
parameters. |
First payment |
The date the first payment was made. |
Note # |
The loan note number, for credit unions which assign note numbers to loans. |
ECOA code |
The Equal Credit Opportunity Act code for this loan. Click here for a list of codes. |
Escrow |
The share account that receives escrow payments when this loan is paid, if any.
|
Escrow payment |
The amount of escrow payments transferred to the Escrow account.
|
# of refinances |
The number of times this loan was refinanced using the CU*BASE Refinances/Extensions system. |
Buttons
Button |
Description |
New Account (F5) |
Use this to choose a different base account number from the initial Member Inquiry screen. |
New Account Type (F6) |
Use this to choose a different account type for this member from the Account Type screen. |
Not Shown (F7) |
Use this to return to the Home Page. |
History (F9) |
Use this to view a history of payment changes made to this loan. |
Interest Calc (F11) |
Use this to verify loan interest accruals using history from this account. |
NSF (F13) |
This will display a history of items (checks, ACH, bill payment, 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. |
Loan Officer (F14) |
This will display a window showing the employees assigned as the Approving Loan Officer, Processing Loan Officer, and Collections Officer for this account. |
Pledged (F15) |
(Use lookup next to Pledged) This shows pledged shares or miscellaneous secured funds records for this loan. |
Collateral (F16) |
(Use the lookup next to Collateral) This shows collateral detail for the loan, if any. (If there is no collateral, the function will not do anything.) |
Additional Signers (F17) |
(Use the lookup next to Additional Signers) This shows additional signers (co-borrowers) on this loan account. |
Payroll (F19) |
(Use the lookup next to Payroll) This displays payroll deduction information for this account. |
Loan Category (F21) |
Displays view-only screens of the loan category associated with this account. |
Tracker Review (F21) |
This allows you to view Trackers already created for this member and add new conversation notes to existing Trackers. |
Overdraft Protection (F22) |
This shows account numbers, if any, used for overdraft protection on the current account. |
Additional Video Resources
Check out these additional video resources! |
View more Member Inquiry videos.
Visit the CU*BASE video library.