Levy Module
Levies and Garnishments Simplified
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- Managing government levies and garnishments has typically been a time, labor, and paper-intense task. Depending on volume, this cumbersome process can be a considerable distraction for employees who could otherwise be serving members.
The CUTEK Levy Module automates virtually the entire process, from tracking disbursements, to automatically identifying member funds that are legally protected from the levy or garnishment. Your staff can create holds and notes with ease. Research is also greatly simplified. And all this is managed from our unique administrative dashboard.
Features- Supports multiple levy types and sources
- Smart account search and detection of protected funds per credit union policy
- Flexible hold and note creation, with edit and deletion
- Automatically calculates protected funds to exclude per US Treasury guidance
- Accesses fees
- Levy reporting and search capabilities
- Administrative dashboard
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