New CAMS-ii Update: CAMS-ii Version 3.3.2

As we outlined in the document attached to the previous announcement, Reg E Updates for ATM/Debit Card NSF fees and Overdraft Privilege (ODP) NSF Fees, we are announcing that we are releasing CAMS-ii version 3.3.2 beginning this evening, April 9, 2010.

This update includes changes that allow you to record Opt-In elections for your members as you begin to prepare for the Reg E mandates concerning ATM/Debit Card NSF charges and ODP NSF charges. More changes, that we will announce later, will be included in later releases.

For the ATM/Debit Card NSF Opt-In:

In the Personal Data Record for the member, select the ATM/Debit Charge Opt In check box; the ATM/Debit Charge Opt In text box automatically fills with the date.

For those credit unions licensed for CBS’ Overdraft Privilege Feature (Not Overdraft Protection)

For the ODP NSF Opt-In:

1. In the Draft Data Record, type the date that the member chose to Opt-In for any/all ofthe four ODP (ACH, ATM, Draft, or POS) Opt-In Date text boxes.

2. Do not clear any of the ODP Allowed for …? check boxes unless you want ODP NSF charges to stop immediately for the ACH, ATM, Draft, or POS for that member.

3. If the member is currently set for 'Opt-In' (box is checked on ATM or POS) but has responded to Opt-out, leave the item checked and the date blank then the system will 'uncheck' the box automatically during end-of-day processing on August 13, 2010. This will give the member protection and allow the credit union to collect any fees through the mandated date.

Click here to access the CAMS-ii version 3.3.2 Update Notice.

Please address any questions concerning this announcement to the CBS Issue Tracking System.