Navigation:  Loans > Loan Screens > Optional Products Screen Group > Ancillary Products Screen > Master Member field group

Use this field group to indicate basic name (MCFRTN/MCLSTN) and contact information (MCSTAB/MCZIPC/MCZIP4) about the master member for the ancillary product record being created/edited.

 

Some ancillary products (such as United Motor Club) require your institution to determine the master member for their policies. The master member is typically the account's IRS owner, but this field group can be used to designate a non-owner individual as the master member. If no master member information is specified at the time the ancillary product is purchased, the system assigns master member status to the account's IRS owner.

 

 

This screen is primarily used for informational purposes. Properly creating or canceling an ancillary product (and returning a refund) on a customer account requires transactions run on the appropriate General Ledger accounts. Information about ancillary products properly processed in GOLDTrak PC appears on this screen.

 

Information entered on this screen is also included on the United Motor Club Report and Transmission (FPSRP290).

 

Mnemonics:  MCSTAB, MCZIPC, MCZIP4