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A Community Report

Management company NAM announces new HOA dues payment processing system and new homeowner account numbers effective December 1 this year

November 10, 2020 [Updated 11/12/2020]

Your Eden Shores HOA management company - Neighborhood Association Management, Inc. (NAM) - is transitioning your HOA community’s payment processing system to CINC Systems and Heritage Bank effective December 1, 2020. All current/existing ACH and Online Payments methods will expire November 30, 2020.

NAM and CINC Systems will provide several methods for homeowners to pay monthly HOA membership dues. Those methods include ACH payments, online payments, online recurring payments, lockbox service, and bank bill pay payments, and are outlined and defined in a letter sent to all homeowners this month. In addition, each homeowner will be assigned a new account number under the new system.

The letter, an attachment to it, and a table showing the new Account Number template are shown below.

Homeowners are advised to contact noah@neighborhoodam.com for details or additional information.

NAM Letter to Homeowners, re: New HOA Payments System

Dear Homeowner:

Neighborhood Association Management, Inc. is transitioning to a partnership with CINC Systems, LLC and Heritage Bank to provide your community’s payment processing, banking and web services. We think you will see a positive impact from these partnerships, and we look forward to continuing to provide you with the highest level of service.

Our transition to CINC will take effect on December 1, 2020. The transition period will occur for 2 weeks prior to this date through the end of December. Please note that during the transition period, you may experience a delay in some processes. It is imperative that we briefly suspend transactions in order to bring your community’s data into the new system.

For your convenience, Neighborhood Association Management, Inc. in conjunction with CINC Systems, LLC will provide the following methods of payment. Please note that all existing ACH/Online Payments will expire November 30, 2020.

1) ACH Payments: Neighborhood Association Management, Inc. in partnership with Heritage Bank can draft your bank account for your association assessments. Please complete and return the attached ACH Authorization form to Neighborhood Association Management, Inc. at P.O. Box 10968, Pleasanton, CA 94588, or email to noah@neighborhoodam.com no later than November 23, 2020 in order to have your December payment drafted from your bank account. All drafts will occur on the 10th of the month.

2) Online Payments: For a small convenience fee, you can make online payments using either e-check ($1.99) or a credit card (3.25%). To make your payments, please go to our website at nam.cincwebaxis.com. This website has been specifically designed to allow you the convenience of making your payments online and accessing your account information. On your first visit to the website, you will need to register for secure access. Simply click on the “Register” button and complete the information required. Once your registration request is reviewed and validated by Neighborhood Association Management, Inc., you will receive an email with a link to set your password. You can then log in with your email address and new password to make payments and access information about your community. The first day you will be able to make a payment is 12/1/2020.

3) Online Recurring Payments: Our website also allows you to set up automatic recurring payments. To setup your recurring payments, log into your account and then click the Pay Assessments Link. On the Pay Assessments page, you can choose to set up your recurring payments for e-checks or credit card by clicking on the New Recurring Echeck or New Recurring Credit Card link. The first day you will be able to set up a recurring payment is 12/1/2020.

4) Lockbox Service: You can send your payment by check to P.O. Box 1438, San Jose, CA 95109-1438. When writing your check, please make sure to make it payable to your Association and include your account number on the memo line.

5) If you would like to pay your assessments using an online bill payment service or your personal bank’s online payment service, you must delete and set up a new payee using the updated information below. This will ensure your payment is posted promptly.

Eden Shores Homeowners Association

c/o Neighborhood Association Management, Inc.

P.O. Box 1438

San Jose, CA 95109-1438

Please let us know if you have any questions regarding the transition to our new software or any of the features that will be available.

Sincerely,

Neighborhood Association Management, Inc.

Letter Attachment: ACH Authorization Form

AUTHORIZATION AGREEMENT FOR AUTOMATIC ACH DEPOSITS/ACH CREDITS/DEBITS

Name of Association/Community:  _________________________________

Association/Community Account Number: ___________________________

Name on Account:  _____________________________________________

Association/Community Address: __________________________________

I/We hereby authorize Neighborhood Association Management, Inc. thereafter called COMPANY, to initiate credit entries and to initiate, if necessary, debit entries and adjustments for any credit entries in error to my/our (circle one) Checking / Savings account indicated below and the depository named below, hereinafter called DEPOSITORY, to credit and/or debit the same to such account.

Bank Name: _______________________________

Bank Routing Number:  ______________________

Bank Account Number: ______________________

This authority is to remain in full force until COMPANY has received written notification from me (or either of us) of its termination in such manner as to afford COMPANY and DEPOSITORY a reasonable opportunity to act on it.

___ ACH debits will be processed on the ____ of each month or the next business day if that day should fall on the week-end or banking holiday.

___ Your account must have a zero balance to qualify for this service.

___ Your ACH will go into effect ____________.

NAME (Please Print)  _______________________________________

DATE ____/____/_____  SIGNED _____________________________

Please attach a voided check or a letter from your bank to expedite your request.

Return complete forms to:

_____________________

New Homeowner ACCOUNT NUMBER Template

Please note that your account number has been changed. Account numbers now follow a similar template:

Association Abbreviation

Street Number

Street Name Abbreviation

ES

29237

ALBA

Examples:

New Account #

House Street Number

ES29237ALBA

(Eden Shores, 29237 Albatross Road)

ES29101EDEN

(Eden Shores, 29101 Eden Shores Drive)

ES2749PLOV

(Eden Shores, 2749 Plover Court)

ES2694SPIN

(Eden Shores, 2694 Spindrift Circle)

Please use the list below as a guide for your street name abbreviation:

STREET NAME  /  ABBREVIATION

Albatross Road - ALBA

Albion Court - ALBI

Beachwood Court - BEAC

Beachwood Street - BEAC

Breaker Circle - BREA

Breaker Lane - BREA

Driftwood Street - DRIF

Dune Circle - DUNE

Eden Shores Court - EDEN

Eden Shores Drive - EDEN

Isle Court - ISLE

Jetty Way - JETT

Marshbrook Drive - MARS

Plover Court - PLOV

Sandcreek Drive - SAND

Sea Haven Court - SEA

Sea Horse Court - SEA

Seadrift Circle - SEAD

Seadrift Lane - SEAD

Shellgate Circle - SHEL

Shellgate Court - SHEL

Spindrift Circle - SPIN

Spindrift Court - SPIN

Sunset Dune Way - SUNS

Tern Place - TERN

Questions? Contact noah@neighborhoodam.com.

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