Close Membership
These steps explain how to close a member's entire membership with your credit union.
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Prior to closing the membership, you must ensure all sub-accounts are at a zero balance.
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The membership will be permanently closed after end-of-day processing.
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Launch Tool #22 Close Memberships/Accounts.
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Place a "1" beside Close memberships.
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Depending on the member's enrollments, you may need to perform additional actions such as redeeming the member's certificates.
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Click the forward arrow.
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Enter the member's account number.
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Click the lookup button beside the Reason code box to select a reason for closing the membership.
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Click the forward arrow.
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Click Close.
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Click Continue to confirm.