5.82 Skip-a-Pay Program Implementation for Online Credit Cards

Lender*VP

Summary

Skip-a-pay programs are popular with credit union members, and now you can set up a program in CU*BASE to offer this option to your members.  This program is designed for clients offering online credit cards to their members.  During this class you will learn how to set up an automated program as well as handle skip-a-pay through a manual process.

Audience

Credit union staff who service your online credit card portfolio.

Objectives

By the completion of this course, students will have:

  • Discussed two options for offering the skip-a-pay program: manual and mass generated
  • Reviewed procedures for manual processing
  • Explored program methodologies using the mass generated program
  • Discussed key factors in choosing the program best suited to your environment and membership
  • Communicating the option to your members
  • Examined end of month program review through reports

Topics

  • What is a skip-a-pay program?
  • Skip-a-pay configuration
  • Timelines for planning the program
  • Creating and running and simulation
  • Editing a batch prior to posting
  • Automation of the program
  • Manual processing
  • Best practices to ensure a successful program

Course Schedule

Future times and dates are to be determined.