Open Sub-Account

These steps explain how to open additional savings and checking accounts for members.

• You must first open a membership for the member prior to opening an additional savings or checking account.

• If you have just opened the membership, begin at step 5.

• Depending on the type of account you open, you may need to fill in some additional screens such as those used to add overdraft protection or IRA beneficiaries.

1. Launch Tool #3 Open/Maintain Memberships/Accounts.

2. Select Add new sub-account.

3. Enter the member’s account base.

4. Click the forward arrow.

5. Select the type of savings or checking account that you want to open for the member.

6. Click Select.

7. Make any needed changes to the information on the screen.

8. Click Create.

Learn More

Get an in-depth look at managing your opt in/opt out Reg E offering.