CFPB Overdraft Rule Overturned—How to Stay Ahead with a Better Strategy
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This week, the House voted to overturn the CFPB’s final rule that would have capped overdraft fees at $5 for large financial institutions. With the Senate already passing a similar resolution, the measure now heads to the President’s desk for final approval.
While this development may ease some federal pressure, it doesn’t mean financial institutions should hit pause on strategic planning. State-level oversight continues to evolve, and consumer expectations around transparency and fairness remain high.
To help community banks and credit unions navigate this shifting landscape, we recently hosted a timely webinar: What’s Next for Overdrafts? A Regulatory and Strategy Update
Now available on demand, the session features insights from our EVP of Compliance, Cheryl Lawson, and CEO John Cohron—learn about:
- Updates on federal and state-level oversight
- What to watch for as policy direction changes
- Practical ways to align your program with regulatory and consumer expectations
Watch the webinar replay to gain insight and stay informed:
View On Demand
At ADVANTAGE, we help community banks and credit unions navigate regulatory complexities while maintaining overdraft programs that balance compliance, revenue sustainability, and consumer value. Our team offers expert guidance on structuring responsible overdraft services that align with current expectations while preparing for future shifts in regulation. Contact us to request a complimentary program review.
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