Navigation:  Appendix A - Merge Field Descriptions (Loans) > Event 2040, Change of Address (Deposit Events)

This event is created in the Deposit Events system, but it shows in Loan History if the address change involves a loan account.

 

This event will generate an event record any time any of the mailing address lines change for an open deposit or loan account. If multiple accounts are tied to the same address, an event record will generate for the IRS owner tied to each account with that mailing address. One letter per IRS owner will be created. Letters should be sent to the "old" address (remember this when creating your mail merge document). The mnemonics are as follows:

 

OLD_MAILING_LINE_1
OLD_MAILING_LINE_2
OLD_MAILING_LINE_3

 

The "new" address should be indicated in the body of the letter using the new mailing line mnemonics. The mnemonics are as follows:

 

NEW_MAILING_LINE_1
NEW_MAILING_LINE_2
NEW_MAILING_LINE_3

 

Only one account number for each IRS owner will be available for the event, and all mailing address changes tied to deposit and loan accounts will be included.

 

In order for this event to generate for a loan account, you must checkmark the Address Change checkbox field on the Deposits > Definitions > Event Setup screen. If you are already using the address change event letter but want to add loan accounts, please send in a work order. A one-time fee of $75.00 will be assessed. If you want to begin using the address event letter for the first time, send in a work order and a one-time fee of $450.00 will be assessed for the use of this event. Be sure to indicate if you want loan accounts included.

 

 

 

 

See also:

Appendix A

Common Fields (All Events)

CIS Fields

Basic Loan Fields