Commercial Business Systems
12May/20Off

New CAMS-ii Update, version 5.5.1.1

On Thursday, May 14, 2020, a new version of CAMS-ii will be available on your CAMS-ii server.

Click here to view and print a final draft of the CAMS-ii Release version 5.5.1.1 Update Notice.

Please address any questions regarding the contents of the CAMS-ii Release version 5.5.1.1 Update Notice to the CTT.

27Apr/20Off

Regulation D Limit Changes

On Friday, April 24, 2020, the Federal Reserve suspended the limit of six (6) monthly transfers and withdrawals for savings accounts.

We recommend that you review and change (as necessary) the following settings;

  • Back Office > Standard > Parameters > Control-Master: Set Reg D - Number of Transfers Allowed to 99 to allow more than 6 transfers per month.
  • Back Office > Standard> Parameters > Control-Master: Set Reg D – Violation Fee to 0 (zero) to stop charging the Reg-D fee.

If you have enabled Reg-D warning on Internet Banking, IB-ii, and/or the mobile app, please notify CBS Support using the CTT to change the applicable setting.