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Reconciling Records course (print)

Reconciling Records course (print)

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Discover the best procedures for delinquency control, record-keeping, and problem accounts.

  • One CPD Online Complimentary Exam

  • $110.00
    Non Member Price
  • $55.00
    CUNA Member Price
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 Member records are vital to the business practices of a credit union. Discover the best procedures for delinquency control, record-keeping, and problem accounts. Also, learn how to reconcile your records in an efficient manner.

This is a CUNA STAR course.

Topics include:

Cash Accounts

  • Explain how funds move between financial institutions
  • Select the appropriate balancing technique
  • Identify three reasons there may be a need for adjustment in either section of the cash reconciliation
  • Create a cash account reconciliation

Share Draft Accounts

  • Identify key elements of a share draft
  • Explain the steps in the share draft cycle
  • Cite the general ledger accounts affected by the share draft posting process
  • Identify types of adjustments needed to reconcile share draft accounts
  • Reconcile the cash letter to the total posted in the Deposit in Transit account

Credit and Debit Cards

  • Prepare daily postings for credit cards
  • Reconcile the loan and payment clearing account
  • Prepare daily postings for debit cards
  • List four reasons for disputes
  • Calculate the daily cash withdrawn and compare the total to the audit tape total

ACH Payments

  • Identify similarities between ACH and draft processing systems
  • Verify cash account payments
  • Reconcile daily postings
  • Cite three ACH posting errors and how each should be processed
  • Reconcile the month-end ACH return account


  • Record certificate purchases and modify subsidiary schedules accordingly
  • Calculate interest income for certificates
  • Record certificate maturing and associated interest payments
  • Post security purchases, interest income and maturity entries

A comprehensive exam is included through CUNA Professional Development Online (CPD Online). Exams can be purchased for $24.50 each.

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Have a question? Email or call 800-356-8010 ext. 3.