Configuring Online Banking Features 1: General VMS Features

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UCUOB-01

Online Banking Configuration

4238


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Access this screen by selecting "Online/Mobile Web Banking" on the Online Banking Configuration Options screen and pressing Enter.

Get the member's perspective with this online banking video: Online Banking Overview (More videos below!)

Screen Overview

On this screen:

When done here, use Update (F5) to save your changes and return to the home page. Or use the Backup arrow (F3) to return to the previous screen.

Field Description

Field Name

Description

Allow new membership application online

Check this flag if you wish to enable the “Apply for Membership” feature on the It's Me 247 online banking login screen, and/or to link to the online membership application system from your own website.

Leave it unchecked if this system should not be visible to your members.

Dividend application to be used

If Allow new Membership Application... has been set to checked, enter the dividend application for your credit union's base share account (usually SH).

Apply membership application fee

If you wish to charge your normal new membership fee, choose Yes here and the system will charge your usual new member fee from the -000 account when the account is approved and actually opened.

To allow this membership to be opened without your normal new member fee, leave this unchecked instead.

  • Remember this is the new member fee, not par value. Your credit union's normal par value will apply to these new members just as with your regular new memberships.

Activate savings rate board

Check this flag if you wish to allow members to view information and rates for your savings products in online banking.

NOTE: This must be checked even if you plan only to show available savings accounts and rate information on the Rate Board but not make any products available to be opened on line.

If you do not wish to use the Savings Rate Board to display rates and sales information about savings accounts or allow accounts to be opened in online banking, leave this unchecked.

  • IMPORTANT: Even if you choose not to activate this feature, your members will still be able to view the general “sales information” about opening savings accounts. Use the Mbr Instructions button to customize this text to fit your credit union's needs.

Activate certificate rate board

Check this flag if you wish to allow members to view information and rates for certificate products in online banking.

NOTE: This must be checked even if you plan only to show available certificates and rate information on the Rate Board but not make any products available to be opened on line.

If you do not wish to use the Certificate Rate Board to display rates and sales information about certificate accounts or allow CDs to be opened in online banking, leave this unchecked.

  • IMPORTANT: Even if you choose not to activate this feature, your members will still be able to view the general “sales information” about opening certificate accounts. Use the Mbr Instructions button to customize this text to fit your credit union's needs.

Activate loan rate board

Check this flag if you wish to allow members to view information and rates for loan products in online banking.

NOTE: This must be checked if you wish to show available loans and rate information on the “Rate Board,” even if you do not plan to allow loan applications to be submitted on line.

If you do not wish to use the Loan Rate Board to display rates and sales information about loan accounts or allow members to submit Loan Applications in online banking, leave this unchecked.

  • IMPORTANT: Even if you choose not to activate this feature, your members will still be able to view the general “sales information” about applying for loans. Use the Mbr Instructions button to customize this text to fit your credit union's needs.

Require co-applicant if marital status is M (married)

Designed for credit unions with community property laws.  Refer to the Associated Application booklet for more details.

Once this box is checked, if an applicant indicates that he or she is married, they will be required to enter a co-applicant on the online loan application.  Additionally the co-applicant screen will be labeled “Information about Your Spouse” and the question, “Is your co-applicant your spouse?” will be removed.

Allow maint. of personal info by member (online)

This setting controls whether or not members can request changes to personal information through It's Me 247 online banking, including address, phone, fax and email address. Code word (which is used for verification of the member prior to access to the members account) is also changed via the member using this section of online banking.

Once the change is made, either immediately, or by the credit union (see below), the member will receive an online banking message in the Secure Message Center, as well as an email message alerting the member of this change. If an email address change is made, the member will receive a email at both the old and new email address.

Choose one of the following:

No   With this setting, the “Update Personal Info” option will not appear in online banking and members will not be able to request personal information changes using online banking.

Direct Update (No Approval) - With this setting, the “Update Personal Info” option will appear in online banking.  Any changes the member makes to his or her personal information in online banking will immediately modify your credit union's MASTER file, with no approval or intervention by a credit union employee. Changes will appear on your normal File Maintenance log (CUFMNT) using program name UCMAST and employee ID 96.

Reviewed Update (Approval Required) - With this setting, the “Update Personal Info” button option will appear in online banking. Any changes the member makes to his or her personal information in online banking will appear using Tool 13: Work Online Bankg Apps/Requests (Shortcut: online). With this setting, when a member submits a request in online banking, the following message will appear:

Your request has been submitted.
Changes will be made after being reviewed by a
credit union employee. Contact the Credit Union
with any questions.

A credit union employee must monitor this list on a daily basis to review any changes requested and manually approve the change in order for it to affect the MASTER file.

Allow a member to enter account nicknames

This allows a member to rename their online accounts and give them names that mean something specific to them, such as “Colorado Trip.”

Default setting when setting up transfer control list

This setting controls the default radio button selection when entering the Audio Response Transfer Control screen in the Member Personal Banker tool.

All sub-accounts - This option will allow the base member to transfer to all listed sub-accounts for the selected member in the transfer control list.

Owned sub-accounts only- This option allows the base member to transfer to sub-accounts on which they are joint owner or additional signer for the selected member in the transfer control list. They must have a joint owner record on the specific sub account, not just the base shares, in order to transfer to the specific account.

Specify - This option allows the member to specify the accounts that they are allowed to transfer to by choosing the sub account from a list.

Allow member to change Reg E opt in/opt out choice

This controls whether or not members can set their Reg. E Opt In/Out preference via It’s Me 247 online banking. Leave the flag unchecked if you wish to control these flags via CU*BASE only. Use Member Instructions to enter customized text the member will see online. (Changes to the instructions are immediate.)

Refer to the Managing Your Reg E Opt In/Opt Out Offering booklet for details.

Additional Video Resources

View more member-facing online banking videos!

Visit the Show Me the Steps video library to view all CU*BASE and online banking videos!

 

 

Link to ID: https://help.cubase.org/cubase/cubase.htm#UCUOB-01.htm