No, those statistics are only updated when the original posting program charges a fee to the member.  The idea behind this stats file is to record the member was NSF when the item originally came in, regardless of why.  There may be several reasons why you reverse the fee, not all of which would mean the history should be changed.  (For example, say the item came in NSF but the member had called and said his paycheck was coming tomorrow, so you gave him a break and reversed the fee.  In this case you might still need the history to show the item, as a record of a pattern over time.)

If you do want to remove the item from the member's NSF history, after reversing the fee via Transaction Reversal or Account Adjustment:

To update the count:

  1. Launch Tool #906 "Update NSF Statistics"
  2. Select the year and choose Delete Transactions
  3. Delete the appropriate transaction(s) from the member's NSF history (checks reversed, etc.)
Refer to the "Updating NSF Statistics" link below to view the help topic on of the screen used to update the NSF count.

To adjust the fee:
If this is a valid NSF where you are reversing the fee as a courtesy, you still may want to keep the count intact to show the valid number of NSFs for the member.  If the NSF transaction occurred in error, this would be the place where the count could be adjusted.
  1. Launch Tool #906 "Update NSF Statistics"
  2. Select the year and choose Fees*
  3. Select the process and choose Fee detail
  4. Adjust the total fee amount as appropriate

*Adjusting fees is important if your credit union shows total YTD fees on member statements, per Reg. DD.

Refer to the "Updating NSF Statistics" link below to view the help topic of the screen used to update NSF fees.