CAMS-ii Update version 3.4.1
This week, July 19-July 23, your credit union will receive a CAMS-ii Update, version 3.4.1. This update includes fixes for issues that were fixed as they were discovered and distributed as patches since the release of CAMS-ii version 3.4.0.
Click here to access a copy of the CAMS-ii Update Notice for version 3.4.1, which is also available in the CAMS-ii Help at Release Notices > Current Release.
Please address any comments regarding this announcement to the CBS Issue Tracking System.
IMPORTANT!! Update on Regulation Z Statement Requirements
Recently, we have received additional information about the new periodic member statement requirements mandated by the Federal Reserve to meet Regulation Z, beginning with July 1, 2010.
Click here to access/read the “Periodic Statements for Multi-featured, Open-end Lending†document from CUNA.
The complexity and scope of these mandates require that our Development staff substantially reprogram the member statement processing module in CAMS-ii. While the scale of the reprogramming is considerable, we are diligently working to include these mandates in CAMS-ii as quickly as possible.
With that in mind, we cannot guarantee that the updated member statement processing module will be ready by July 31, 2010 for the July 2010 member statements. We will, however, notify you when we near the date to release the new statement module.
Thank you for your patience.
Please address all questions concerning this announcement to the CBS Issue Tracking System.