Charge-Off Batch Script
Keep your members' accounts in good standing by automatically bringing shares with a negative balance positive if the funds are available in another of the member's share accounts and facilitating fee refunds. This Batch script can also automate the charge-off process for share accounts after a configurable number of days with a negative balance.
Automatic Action: Will insert notes and close the shares and the account by utilizing the credit union's standard close account process.
Intelligent Decisioning: The script will check for loans, safe deposit boxes, certificates, or other special requirements defined by the CU.
Can be set up to exclude certain shares or accounts as requested.
How can Charge-Off help you?
Let us know what your credit union needs are and how the Charge-Off Batch script can help your employees. Leave us your info and we will contact you to set up a meeting.