Minimum Balance Service Charge Configuration (1)

Screen ID: 

Screen Title: 

Panel Number:

USVCGE1-01

Minimum Balance Service Charge Configuration

5397


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SEE ALSO: Configuring Service Charges – Overview

Access this screen by selecting "Minimum Balance Service Charge Configuration" on the entry Service Charge Configuration screen.

This is the first of two screens used to configure service charges that take affect when a member's balance falls below a specified minimum amount. Charges are posted to member accounts during EOD processing on the last day of the month.

This screen lists the configured minimum balance service charges.  For existing charges you can view the Application Type, the dividend application, transaction description, whether the service charge is active, whether a notice is generated when the service charge is charged (this required the notice event to be connected with a notice) and the last date the service charge was maintained and the employee who maintained it.

  • NOTE:  You are not charged for a service charge until "Activate this service charge program" is checked on the configuration screen.

  • IMPORTANT: CU*BASE service charge options are very flexible, and therefore should be discussed with a client service representative prior to implementation. We offer a service to configure and test the fee before the first posting, which generally occurs at month-end. For online clients there is a fee.  Refer to the Pricing Guide for details.  You are not charged a fee until the service charge is activated on this screen.  For programs you are considering running, it is recommended that you first use the Audit feature which produces reports similar to the posting reports, but does not post any fees.

From  this screen you can choose to:

  • Add a brand new service charge.  UseAdd(F6) to move to the configuration screen to set up a service charge.  

  • Change the configuration of an existing service charge.  Select the service charge and Change to move to .

  • Copy a service charge to build a new service charge. Select the service charge and Copy to move to the configuration screen with the configuration of the original service charge copied over.  After making needed changes, you can save to create a new service charge.

  • Delete an existing charge.  Select the service charge and Deleteto move to a screen confirming the deletion of the service charge.

  • View the configuration of an existing charge.  This way you can view a charge, without the worry of editing it.  Select the service charge and View to move to a view-only version of the configuration screen.

  • Run an audit an existing charge.  Select the service charge and Run Audit to move to the next screen.  From here you can run an audit on the service charge to generate audit and exception reports without posting any fees to member accounts.

IMPORTANT: CU*BASE service charge options are very flexible, and therefore should be discussed with a client service representative prior to implementation. We offer a service to configure and test the fee before the first posting, which generally occurs at month-end. Refer to the Pricing Guide for details.  You may also run an audit yourself using the Audit feature.