December 19 | 3:00 pm - 4:30 pm ET
Category:
CU Webinar
Webinars - Live
Contact: Krista Simonis at ksimonis@mainecul.org
Overdraft programs have always been a hot button for examiners, especially for the CFPB, who has had overdraft programs on its radar since its inception.
Over the last few years, the regulatory agencies have had a renewed focus on overdraft fees. Exam findings indicate there is still confusion over which elements of the issued guidance and regulatory statements actually apply to the programs offered by community financial institutions.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand regulatory guidance for ad hoc versus automated overdraft programs
- Explain the opt-in/opt-out process required by Regulation E
- Identify the inherent risks of your overdraft program
- Distinguish the difference between static and dynamic overdraft programs
- Develop effective policy and procedures to support your program and address the latest overdraft guidance
- Effectively report overdraft program details to the board and management
For more information, including pricing and registration, click here.