Categories
JMFA Announces Rebranding and Expansion of Consultation Services
JMFA, a leading provider of financial services consultation, is thrilled to announce a significant milestone in its evolution. As part of our commitment to better ...
Why DIY Overdraft Programs Fall Flat
Handling overdrafts and NSF (Non-Sufficient Funds) remains a supervisory priority. Discover five compelling reasons why choosing a do-it-yourself (DIY) strategy could lead to underperformance. Is ...
Exciting Insights from the Latest ABA Survey on Overdraft Services
The American Bankers Association released a new survey offering insights into consumers' perceptions of and value of overdraft services. Learn five key takeaways from the ...
Avoid risks with your overdraft program by acting now
Despite no new guidance from the CFPB, regulators are emphasizing the need to evaluate and review overdraft services. Is yours up to date with the ...
Is it time to evaluate your overdraft program disclosures?
If you think your overdraft disclosures only need to be reviewed after new rules or guidance is issued, you could be caught off guard by ...
Everybody loses without access to overdraft services
Taking away overdraft solutions only adds to consumer stress and makes it harder for financial institutions to help improve account holders' financial health.
Hsu Pushes Back on Overdraft “Junk Fee” Label
In recent remarks, Acting Comptroller of the Currency Michael Hsu says making overdraft programs and fees more consumer-friendly — not eliminating them entirely — should ...
Data Suggests New Overdraft Legislation Unnecessary
In 2022, overdraft fee revenue fell significantly for the largest banks compared to pre-pandemic levels, showing course correction is working without the need for new ...
Overdrafts: Service Fee or “Junk” Fee?
Despite the headlines, responsible overdraft service fees are miles away from being “junk fees.” Here’s how to spot the differences.