NSF Statistics Summary
Screen ID: | INSF-01 | |
Screen Title: | NSF Statistics Summary | |
Panel ID: | 384 | |
Tool Number: | Multiple | |
Click here to magnify |
This screen appears when you use NSF (F13) on either the Account Detail screen for a share or draft account or Transaction History screen for a share or share draft account.
The NSF History feature in Member Inquiry and Phone Software is used to view trends in a member's NSF activity over time. The idea is for these stats to show items that were presented to member accounts where the member did not have sufficient available funds in either his checking account or configured ODP accounts to post the items normally, regardless of whether the item was ultimately returned or not.
With the introduction of ANR processing, changes were made to the way in which these statistics are gathered, so that you can see a more detailed breakdown of a member's track record. For checking accounts, you can view stats related to incoming checks, ACH debits, bill payment debits, and (if configured for your credit union) ATM/Debit card postings. For other share accounts, you will also be able to see NSF statistics related to incoming ACH debits.
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*Bill pay transactions were separated only until September 30, 2006. After that time all bill pay transactions are funneled through normal ACH and share draft processing.
In addition, you can view statistics on fees charged to checking accounts for returns (NSF) and non-returns (ANR/Courtesy Pay). Depending on your configuration, some or all of these fees may also be disclosed on member statements. (Refer to the Automated Non-Returns booklet for details on disclosing fee information on statements according to Reg. DD requirements.)
Amounts shown in the Balance column represent the lowest balance that was caused by any item clearing during that year (does not include the fee, if any).
Statistics will be updated at the time the items are initially posted, according to these rules:
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Fee statistics are recorded when the fee is actually charged to the member's account. Fees that are subsequently refunded will NOT be removed from the fee totals retained in this file.
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Includes items that were unable to post because the amount was greater than the balance (available or current, depending on the configuration - be sure to pay attention to whether you fee on available or current balance - this is configured on the Overdraft Protection/ANR Activation screen) on the account at the time the item was presented. Includes uncollected funds (check holds), and secured balance amounts.
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Include items that were not returned but were posted below the balance (available or current, depending on the configuration - be sure to pay attention to whether you fee on available or current balance - this is configured on the Overdraft Protection/ANR Activation screen) on the account by the Automated Non-Returns system. (Will include items that were posted negative without a non-return fee if a non-fee tolerance amount is configured in the Dividend Application configuration.)
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Does NOT include items that could not be posted because of a stop pay order or because of an account freeze. (Also does not include items that could not be posted because of an invalid account number or other problem with the incoming item.
If items are subsequently force paid through the Share Draft Exception system or were able to be re-posted because of a deposit made after the items was originally presented, the system will not alter NSF statistics. These stats were designed to give you a picture of what happened when the item was originally presented.
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To see a breakdown by system (Checks, ACH, etc.) and process (# reversed, # posted below avail. balance), select the year and click Detail.
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To see transaction information for each of the individual items, select the year and click Transaction.
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To see NSF/non-return fees charged, select the year and click Fees.