Adjusting Member Loans Secured by Stock

Screen ID:	PSTKN-01
Screen Title:	Process Stock Option Disbursement Change
Panel ID:	1431
Tool Number:	828
Report Name:	PSTKLN	Click here to magnify

Note: This is an OPER screen.

When Tool #828 Stock/LOC Disb Value Adjustment is used, CU*BASE will update specially-flagged member line-of-credit accounts with new disbursement limits and new Amt Pledged To Loan amounts on the stock collateral record(s), using the values from the stock code configuration.

SEE ALSO: Using Stock as Collateral for LOC Loans

A Stock Option Disbursement Limit Calculation report (PSTKLN) will be generated listing all the LOCs affected and identifying any that now have a balance greater than the new disbursement value.