Home

To help with delinquencies, we are looking to implement automated loan payment reminders. If you utilize this service and would be willing to share the name of your vendor, we would greatly appreciate it. ------------------------------ Lara Fetters Member Service & Risk Manager Sharefax CU Inc. ...

Carrie, Our inactive account fee of $10.00 per month is assessed if there has been no activity on the account for 12 consecutive months and the total account relationship is under $500.00. The monthly fee will begin in the 13th month of inactivity. Activity is reviewed at the overall account level, ...

I'm Farren with your compliance partner at ViClarity powered by the OCUL, I wanted to weigh in on the topic. There is no specific regulatory definition of when memberships/accounts must be flagged as inactive, so practices often vary across each credit union. Around 12 months of no member initiated activity ...