Release Executive Overview. i-power. EPL, Inc. 22 Inverness Center Parkway, Suite 400 Birmingham, AL

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1 Release Executive Overview April 8, 2014 Release Date i-power MR The MR release provides significant enhancements and improvements to the i-power system in the following areas: Lending Member Services Deposit Accounts Oracle Discoverer General Corrections Please take note of any action that is required on your part to implement these features. Full details on these and other changes are included in the full System Update available on EPL s e3 Community. EPL, Inc. 22 Inverness Center Parkway, Suite 400 Birmingham, AL Page 1 of 7

2 Property of EPL, Inc., 22 Inverness Center Parkway, Birmingham, AL (205) , FAX (205) EPL, Inc. believes this document is accurate and reliable, and much care has been taken in its preparation. However, EPL, Inc. cannot accept any responsibility, financial or otherwise, for any consequences arising out of the use of this material. The information contained herein is subject to change. Revisions may be issued to advice of such changes or additions. The information and techniques contained in this document are the property of EPL and may not be disclosed in total or in part without the written permission of EPL, Inc EPL, Inc. All rights reserved. Page 2 of 7

3 Lending Features i-power MR Release Executive Summary Lending Lending i-power 379 Allow transfers from Share drafts and Clubs when setting up a transfer in LOS With this release, a new field titled Transfer From has been added to the Loan Product screen. This field provides a drop-down list displaying the share, share draft and club account suffixes associated with that same member number. i-power 138 LOS Capture Credit Score Info and Auto-Populate Documents In order to comply with the Dodd-Frank Act, changes were made to the system to comply with the requirement that creditors disclose additional credit score information to their loan applicants when a credit score is used in setting credit terms. This includes: NOTE: EPL recommends testing this new feature with your existing forms in order to properly map required fields. Contact client support for assistance. Mortgage Lending Mortgage Lending 1. Credit Score 2. Date Credit Score was created 3. Credit Score Range Factors that adversely affected the credit score 5. Entity providing information (credit bureau) i-power 307 Add ability to name the account ie., Mortgage Loan Description With the MR Release, we have added an Account Description field to the Mortgage Loan Booking screen. Additionally, we have added the ability to edit the description for the Mortgage Loan on the member s profile. i-power 5463 Ability to Save Data When Creating a New Mortgage Loan With this release, the Mortgage Loan booking process may now be closed, saved and resumed for a period of up to 30 days. Page 3 of 7

4 i-power MR Release Executive Summary Member Service Features Member Services i-power Expand the ability to update message fields which is becoming more important as we continue to go paperless. With this release the Account Message has been expanded to include 125 characters and the TIN/SSN Comments field has been expanded to include up to 400 characters. NOTE: This applies to Member Accounts as well as Business Accounts Deposit Accounts Deposit Accounts/Courtesy Pay i-power 7116 Expand field in Courtesy Pay Parameter File The Number of evaluation days before new account courtesy pay participation has been expanded from 99 days to 999 days. CRD-01-NEWACCT-DAYS NOTE: Contact EPL Customer Support to take advantage of this feature. Deposit Accounts IP-5051 Add Authorized Signer information to be available in i- POWER With this release authorize signers can now be added to member accounts. Deposit Accounts IP 7707 i-power No Longer Allow Deposit by CTRL-3 Transfer to External Accounts This feature was designed to eliminate the risk of fraudulent deposit or payment transfers initiated by non-owners of an account. Page 4 of 7

5 Oracle Discoverer i-power MR Release Executive Summary Oracle Discoverer Oracle Discoverer The New Mortgage Loan Account Description Field is available in Oracle Discoverer. Mortgages Table: ML_MASTER_DS IP 5055 The following Tables have been obsoleted due to this feature Account Message Table: ACCT_MSG_DS Client Comments Table: CPC_COMMENTS_DS IP 5055 The following New Tables have been added due to this feature Account Message Table: ACCT_COMMENT Client Comments Table: CLIENT_COMMENT Users may need to modify existing workbooks that may reference any field that has been added, modified or deleted. Users may need to modify existing workbooks that may reference any field that has been added, modified or deleted. Page 5 of 7

6 i-power MR Release Executive Summary i-power MR General Corrections These general corrections are made available in i-power MR and MR 4.6.0: IP 7694 IP 7862 IP 7702 IP 7242 Members are not able to transfer (deposit) to Tax & Ins Escrow Clubs since the MR4.4.0 Release. This has been corrected. Reported by: Fairmont FCU Open End Lending Agreement Data Incorrectly Removed. This has been corrected. Reported by: Kingsport Press CU 89 When booking a new loan from Loans-PQ, the 1098 Indicator from Loan Class is not defaulting in properly. This has been corrected. Reported by: Central Jersey Subsequent actions done by on us check are posting as a regular not as an on us check Tran. Code. This has been corrected. Reported by: BenchSmart FCU IP 6637 When closing an account, the Account number is not being masked on the receipt. This includes all account types (share, club, draft, certificates). Also, there was no option on the transaction screen to "Print Account Number" when closing an account (share, club, draft, certificates) This has been corrected. Reported by: Central Jersey IP 8267 IP 5236 IP 7540 IP 7855 IP 8151 Users are unable to Post Multi-Tran transactions with a Check Holds after the install of MR This has been corrected Reported by: Essex County Teachers, Community CU Humboldt 205, Public Service CU Employees can see other employee balances on debit card pre-auth screen. This has been corrected. Reported by: Legacy Community FCU Receipts: Transfers between accounts with no common owners were displaying balances of the Deposit To account. This has been corrected Reported by: Farmers FCU, Alabama One Credit Union, IEG FCU, California Center, Tuscaloosa FCU, Meridian MS ANG FCU, South Carolina NGFCU, Palmetto First FCU, Health Facilities FCU Add-ons are setting the 1098 indicator to NO if the loan was set to YES when it was originally booked. This has been corrected Reported by: City CU Check Hold keyed with Multi Hold is holding the member's funds in error. This has been corrected. Reported by: Community CU Humboldt Page 6 of 7

7 i-power MR Release Executive Summary IP 8096 IP 8055 IP 8123 IP 8366 IP 7548 IP 8222 VEUEXACH issue causing duplicate ACH items to be reported to Verafin. This has been corrected. Reported by: Meridian Mutual FCU, Valley CU, Patriots FCU, Garden Island FCU Previously an incorrect interest amount was showing on the NML610 Notices. This has been corrected. Reported by: Winsouth CU Users were unable to select Save on the General Club Info Page 1. This has been corrected. Reported by: Hawaii, Hotel and Travel Notice from VMI610 not using amortized interest. This has been corrected. Reported by: Fairmont Receiving invalid error messages when accessing accounts in Mobile Banking. This has been corrected. Reported by: EPL Data Center, Fairmont FCU VMI610 is not producing notice for some accounts. This has been corrected. Reported by: Alabama One Credit Union Page 7 of 7