Attention New Jersey Credit Unions who are offering CUNA Credit Insurance…
Starting with FedComp Release 121.03, the new CUNA calculation engine will be included. This engine is needed so that FedComp can accurately calculate loan Insurance refunds as of March 1, 2015 in the state of New Jersey.
(Please visit the Download area in order to download the latest FedComp update.)
Note: This new CUNA calculation engine is incompatible with the Windows XP and Windows Server 2003 operating systems.
To allow your older operating system to continue to operate, the FedComp installer will use an older version of the CUNA calculation engine when installing an update on these out dated operating systems, however, the calculations for insurance refunds may not be accurate as of March 1, 2015.
Please contact FedComp for information about updating your operating system – 800-283-3326.