3Mar/17Off
Certificate Out-of-Balance Conditions
We have noted the following conditions with share certificates and IRA certificates:
- Certificate accounts where dividends are set to transfer to another account are reporting on the quarterly validation as out of balance.
- We have an automated fix for credit unions with certificates appearing as out-of-balance on the Quarterly Validation. If you want our automated fix, please contact CBS Support via the CBS Issue Tracking System and state that you want the automated fix.
- IMPORTANT: If you make or have made any manual adjustments to correct these certificate out-of-balance conditions, you cannot use the automated fix.
- We will run the fix only for the credit unions that ask us to run it because we don't know whether you have adjusted the balance manually.
- In Member Statements with certificates receiving dividends, the running transaction balance is correct, but the New Balance for certificates in the Summary section is incorrect.
22Feb/17Off
Update to CAMS-ii version 5.4.4
Later this week (February 22-February 24), we plan to update your CAMS-ii server with an update to the CAMS-ii release version 5.4.4.
Here's a summary of the changes:
- Issues C2S00000338/238 - Vantiv Block code ‘A’ adjusted.
- Issue C2S00000292 - Added a Verify Address button to verify physical address to match the Verify Address button to verify a mailing address. Use this for situations when the mailing address is a post office box, or other address information unrelated to the actual physical street address. The census information needs to be populated from both areas.
Recommend that you create policies/procedures for the order of events in the case of changing an address. We also provide an option to update the census data when the verify process takes place. - Issues 65219/70131 – Transaction Wizard voided the wrong check if the previous check transaction had multiple checks.
- Enhanced negative share hold process to bypass holding of escrow account shares since these are not accessible for withdrawal.
- Corrected the name control field in FIDM Method One.
- Enhanced the performance for check history viewing in Multiple Transactions and for viewing G/L Inquiry for Vendor activity.
- Issue 73404 – Fixed issue with IRA Certificate had normal withdrawals for the year but the certificates did not appear on the 1099R proof list.