Important Changes Regarding IE and Edge

Please read the important letter and guide regarding the Internet Explorer (IE) changes attached.

Click here for the IE letter.

Click here for the guide.

Upcoming 5.5.4.3 CBI Deceased Member Changes

Your CAMS-ii server will soon receive CAMS-ii Release Version 5.5.4.3 that involves CBI file changes that require your attention.

Currently when the loan record Credit Bureau- Association Code (ECOA) is set to X-Consumer Deceased, or the member or cosigner Date of Death field has a date value, then the loan’s ECOA CODE in the CBI file is automatically set to X.  In the next release, we will be removing the X code from the loan record Credit Bureau- Association Code (ECOA) drop-down and only using the value listed in the member or co-signer Date of Death field to determine if the ECOA CODE in the CBI file should be set to X.

Along with those upcoming changes, any borrower that has a Date of Death value listed in CAMS-ii will have an X ECOA status in the next CBI file, then that borrower will not be reported in subsequent files. The CBI file will update based on the deceased member credit bureau requirements as listed below:

• If only one borrower is associated with the loan record and the borrower is reported as deceased one time in the CBI file (ECOA Code X), discontinue reporting the entire loan record.

• If there are multiple associated borrowers and one borrower is reported as deceased one time in the CBI file (ECOA Code X ), continue reporting the loan record, but discontinue reporting the deceased borrower.

• If the deceased borrower had previously been reported in the Base Segment (primary on the loan record), another borrower must be moved into the Base Segment for subsequent reporting.

NOTE: CAMS-ii now automatically does this in the CBI file, nothing needs to be changed on the loan record.

Because we are changing how we are reporting the deceased members your credit union must ensure that all loans that currently have an ECOA Code of X have a Date of Death entered for either the member or co-signer so the loan record can report correctly going forward. Please see suggested data miners to create/use to determine what loans may need to be updated.

ECOA Code X, This data miner example shows all loans that have an ECOA Code set to X where the member profile does not have a Date of Death value. You must determine if the Date of Death field that is located on the member personal data record needs a value entered or review to ensure the co-signer has a value in their Date of Death field. In regards to Charge-Offs, you can add a Date of Death to all charge off records, or you can refer to the ECOA Code X - charge-offs data miner example to locate and update only the charge offs that are still being reported.

Click Here to view and print the suggested data miners.