This class covers the CU*BASE tools utilized in configuring credit union loan products. From servicing controls, to financial analysis, to examination reporting, CU*BASE leads the way in flexibility and creative processing for today’s loan team. This class concentrates on the broad picture of what makes up a loan portfolio and how it is focused.
This class is designed for marketing and loan product developers.
By the completion of this course, students will have:
n Analyzed CU*BASE loan categories and their flexible configuration.
Learned about business-unit configuration
Discussed loan-underwriter approval limits
n Examined configuration tools (purpose codes, security codes, etc.) for analyzing and reporting on the loan portfolio.
n Reviewed compliance, communication, and training tools available for the loan manager.
n Loan Categories as the Controlling Service Parameter
n Multiple Account Suffixes
n Interest Calculation Methods
n Delinquency Calculation Methods
n Disbursement Alternatives
n Insurance Alternatives
n Mortgage/Construction Loan Information
n Understanding the Difference Between MEMBER5 and MEMBER6
n General Ledger Interfaces
n IRS Reporting
n Payment Change Options
n Purpose Codes
n Security Codes
n Collateral Codes
n Insurance Tracking
n Other Miscellaneous Configuration Options
n Configuring Loan Products for Rate Inquiry and the Online Banking “Rate Board”