Does Your Overdraft Program Check All The Boxes?
Building consumer relationships through your pro-consumer overdraft program
Overdraft programs have received much attention recently. From regulatory scrutiny and class-action lawsuits, to media coverage and legislative efforts, community banks and credit unions are questioning their overdraft practices.
But the real question is simply, “Is your overdraft program a pro-consumer, 100% compliant service that adds value for your account holders?”
As new issues emerge it’s important to stay on top of regulatory guidance and industry best practices.
In this e-book, you’ll learn about:
- Industry hot topics such as re-presentment and AP/SN disclosures and fees
- Key risk areas for formal and informal overdraft programs
- Compliance best practices to put into place