Customer Relationship Management Screens > Households Screen > Accounts tab

Entry: User, alphanumeric

F/M: Yes

Mnemonic: NTSCYC

Screen: Customer Relationship Management > Households > Accounts tab

Use this field to indicate how often the system should produce statements for the Account being added to the selected household (or the account selected in the Accounts list view).

If the value in this field is changed and either the original or new value is less than 100, the Average Percentage Yield (APY) will not be printed on the customer account’s statement for the current cycle. However, the next cycle’s statements will show the APY.

The following codes are possible selections in this field:

000 - Never Produce a Statement

001 - Monthly Statement

002 - Bi-Monthly Statement (Every Other Month)

003 - Quarterly Statement

006 - Semi-Annual Statement

012 - Annual Statement

016 - Semi-Annual Months 3 and 9

214 - Statement Every Wednesday

216 - Statement Every Friday

255 - Daily Statement

Additionally, statement production can be specified to a numbered day of the month, using the codes shown below:

daiaf_statementcycle

If "0 - Never Produce a Statement" is selected in this field and the customer account has ATM or ACH activity, you can request Reg E notices to be run for your institution.

For statement cycle codes that don't specify a day of the month, the statement is produced on the last day of the appropriate month.

If the Anniversary Interest field on the Deposits > Account Information > Interest Fields screen is marked (for deposit accounts), only statement cycle codes 0, 6, and 12 are available.