Report FIDM data directly to your state agency using method 1 or 2.
Credit unions throughout the United States are required by state law to report or match data from the state on a quarterly basis for the purpose of assessing child support payments that are outstanding. This process is facilitated by federal government guidelines and has a common format throughout the United States. The Scott Companies provides the ability for the credit union to fulfill their responsibilities for all accounts every quarter. Method 1 reports all accounts. Method 2 reports only matches to the state provided data base. Both of these methods are supported by The Scott Companies on your current system. Credit Unions have reported savings in the thousands using TSC FIDM reporting.