Commercial Business Systems
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.

24Apr/20Off

CAMS-ii Releaseâ„¢ version 5.5.1

Monday morning, April 27, 2020, the CAMS-ii Release version 5.5.1 will be available on your CAMS-ii server.

Major highlights include:

  • Corrected issue with Cash Drawer Deletion - See the March 10 posting ATTENTION! Do not use Cash Drawer Delete!
  • Enhanced Loan Process for loans with application

Included below are the release notice and online training class for the 5.5.1 release.

  • Click here to access the CAMS-ii 5.5.1 Online Training Recording.
  • Click here to view and print a final draft of the CAMS-ii Release version 5.5.1 Release Notice.