Update: Changing Loan Rates Tied to an Index

This is an update to the original posting from January 28, 2016.

Some credit unions may tie interest rates for certain loan account types to an index such as the Prime Rate or the Libor.

Click here to find the updated instructions for setting up the automated change for loans tied to an index in CAMS-ii for most situations.

Please contact you processor's Support Center with any questions concerning these instructions.