Uncollected Funds History

Screen ID:

IUNCOLH-01

Screen Title:

Uncollected Funds History
Panel ID: 495
Tool Number: Multiple
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Access this screen by selecting Uncollected Funds Hist (F18) from the Uncollected Funds screen.

Helpful Resources

Visit Show Me the Steps for easy instructions on how to use CU*BASE to view uncollected funds/check holds and complete other tasks related to check holds.

Screen Overview

This screen provides a historical record of activity that affected the Uncollected Funds Total (UNCOLL) field on a member share record.

These history records are NOT retained on closed accounts; when an account is closed, any records in this table (UNCOLHST) are purged for that account. 

The amount in the Uncollected Funds Total field is updated automatically whenever a check hold is placed in the Teller Posting screen or when a hold is placed or modified manually using the Update Uncollected Funds Information feature.

When calculating available balance on an account, CU*BASE subtracts the uncollected total from the current balance.

The purpose of this inquiry is to allow you to research member inquiries related to the available funds in their account. For example, say a member comes in and asks why his debit card was rejected at a merchant last week when he knew he had enough money in the account. It might be because funds were being held on a large out-of-state check he had deposited the day before.

This inquiry allows you to research a history of when funds were held in any account during a particular point in time. As uncollected funds records are added, deleted, changed, or purged, the system writes out a record to this history showing the uncollected funds total at that moment in time.

The Uncollected Funds History Inquiry: Just One Piece of the Puzzle

A few tips to keep in mind when using this inquiry for research:

  • Remember that Secured Funds records and the Secured Balance (SECBAL) field on the member account record will also affect the available balance on the account. You will need to look at the separate Secured Funds History inquiry to see activity on the Secured Balance, such as shares pledged as collateral on a loan.

  • This inquiry does not show you the account's available balance because many other things such as normal deposits and withdrawals will also affect available balance at any given point in time. When performing research, you will need to take into consideration other transaction activity for the date(s) in question.

  • You may need to examine the File Maintenance log for details about any changes made to individual records.

  • By default the list will be sorted by date and time with the most recent activity at the top.  Click any column heading to re-sort the list (click once for ascending order, again for descending).

Field Descriptions

Field Name

Description

Activity Date/Time

The date and time on which a change was made to an uncollected funds record.

What is activity date?

Activity

This column shows what was done to the record in question:

Add - Holds added manually using the Uncollected Funds Maintenance feature.

ATM Deposit - A hold placed when a deposit was made via an ATM, for members who did not have an electronic deposit hold group code.

Changed - A change made manually using the Uncollected Funds Maintenance feature.

Deleted - A record manually deleted by a credit union employee using the Uncollected Funds Maintenance feature.

Deposit via Mail - A hold placed on funds deposited via Direct/Mail Post (includes checks deposited remotely via RDC tools in online and mobile banking).

Check out the video about remote check deposits.

Electronic Deposit Hold - A hold placed by the system when a deposit was made electronically (such as via an ATM), if the member had an electronic deposit hold group code that was used to determine the hold settings.

Immediate Release - Funds that were released immediately to the member on an ATM deposit transaction.

Natl Shared Branch Dep - A hold placed on funds deposited via CO-OP (CUSC/FSCC) National Shared Branching.

Reg CC Released - Funds released based on the Reg CC (next day) release date.

Released - A hold released automatically by the system.

Shared Branch Dep - A hold placed on funds deposited at the teller line for a shared branch member (not national shared branching).

Teller Check Hold - A hold placed on funds deposited at the teller line.

Amount

The amount of the individual uncollected funds record.

Uncollected Total

The amount in the Uncollected Funds Total (UNCOLL) field on the member record at the time this history record was created.

  • Remember that other factors such as secured funds records and other transaction activity will also affect the available balance on the account during the date(s) in question.