Information for Microsoft Money Users

The following information will improve your online experience. Please read this information carefully and follow the suggested steps.

Loan Accounts Downloaded as Line of Credit Accounts
If you have a Loan at First Tech Credit Union, First Tech downloads this account information as a Line of Credit account. You can transfer funds from your Checking or Savings accounts in Money to make loan payments using the XFER functionality built into Money. However, Money is unable to online enable a previously created amortized Loan account. There are two ways to handle this to avoid duplicate liabilities in your Money file. You will need to choose one or the other.

Maintain Money's amortized Loan account
If you prefer to use Money’s amortized loan functionality with the ability to associate your loans with asset to see Equity Value, and the ability to create loan amortization reports, follow these steps.

1. On your first call to setup services, you will need to allow Money to create a new Line of Credit account for any loans you hold at First Tech Credit Union.
2. Mark the new account created by First Tech Credit Union as Closed. This will prevent it from affecting your net worth and planning capabilities.
   For information on how to mark an account as Closed, refer to Money’s Online Help topic Close an Account.
3. Money will still download your closed loan account data from First Tech Credit Union. If you want to review it at any time, you can.
   For information on how to access your closed account in Accounts, refer to Money's Online Help topic Show closed accounts in your list of accounts.

Use new First Tech Credit Union downloaded account for tracking your loan
If you prefer to handle your Loan as a liability account, and maintain the ability to Xfer funds, and download the exact loan interest charged by First Tech Credit Union, follow these steps:

1. On your first call to setup services, you will need to allow Money to create a new Line of Credit account for any loans you hold at First Tech Credit Union.
2. If you currently have an amortized Loan account in Money, mark it as Closed. This will prevent it from affecting your net worth and planning capabilities.
   For information on how to mark an account as Closed, refer to Money’s Online Help topic Close an Account.
3. When making payments to your loan, do not use the category Loan Payment. Instead, use the Transfer category by using the Transfer form. Transfer the full amount of your loan payment to your new loan account. First Tech Credit Union will automatically debit your account for the Interest portion of this payment.