CUA - Enhancements to Deposit Holds

Question Title

* 1. Do you currently utilize the automated holds feature in CUBASE (Tool #849 Automated Holds Configuration*)?

If so, for what channels do you have automated holds configured?

Teller outside checks

Mail Deposits posted manually via Mail/Direct Post

RDC or Other batch deposits

ATM deposits

Other (please specify)

No/None of the above

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* 2. Do you have a default hold on ALL incoming checks taken in through teller processing?

Yes - please provide your default hold period for all checks in days

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* 3. If available, would you use an extra default hold days setting (on top of your normal hold days) for deposits over a certain dollar amount (such as $5,000)?

Yes - please specify the extra hold days by default

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* 4. Has your credit union considered not placing a hold on ANY check under a certain dollar amount?

Yes - please provide the dollar amount you'd consider to be exempt from holds

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* 5. Do you have instances where you release certain amounts daily for your teller checks? If so, how do you process these?

Yes - using Tool #919 Update Uncollected Funds Information

Yes - please explain your process if not using Tool #919

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* 6. Do you currently use Tool #754 Release Holds on ATM Deposits after examining ATM deposit envelopes to release holds placed via certain ATMs?

Yes

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* 7. Do you currently utilize Tool #499 Member in Good Standing Configuration in CU*BASE?

Yes

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* 8. Are your check holds calculated based on business days or calendar days?

Business days

Calendar days

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* 9. Please provide your contact info

First and Last Name

Credit Union

State/Province

Email Address

Phone Number

CUA - Enhancements to Deposit Holds

Question Title

* 1. Do you currently utilize the automated holds feature in CU*BASE (Tool #849 Automated Holds Configuration)? If so, for what channels do you have automated holds configured?

Question Title

* 2. Do you have a default hold on ALL incoming checks taken in through teller processing?

Question Title

* 3. If available, would you use an extra default hold days setting (on top of your normal hold days) for deposits over a certain dollar amount (such as $5,000)?

Question Title

* 4. Has your credit union considered not placing a hold on ANY check under a certain dollar amount?

Question Title

* 5. Do you have instances where you release certain amounts daily for your teller checks? If so, how do you process these?

Question Title

* 6. Do you currently use Tool #754 Release Holds on ATM Deposits after examining ATM deposit envelopes to release holds placed via certain ATMs?

Question Title

* 7. Do you currently utilize Tool #499 Member in Good Standing Configuration in CU*BASE?

Question Title

* 8. Are your check holds calculated based on business days or calendar days?

Question Title

* 9. Please provide your contact info

* 1. Do you currently utilize the automated holds feature in CUBASE (Tool #849 Automated Holds Configuration*)?

If so, for what channels do you have automated holds configured?