Overdraft Requirements & Best Practices
Overdrafts continue to be a hot button issue with examiners, as there has been a shift in mentality from “informing” consumers about their overdrafts to “protecting” them from excessive overdrafts. Over the last several years, there have been numerous warning shots fired by the regulatory agencies, and overdraft reform has consistently appeared on the CFPB’s rulemaking agenda; but we are still waiting for major changes and/or guidance. It’s clear the CFPB does not like overdraft and it will enhance enforcement in this area. It’s imperative you are aware of the current regulatory requirements, guidance, and expectations to keep your bank out of trouble!
Covered Topics
- Hot Spots, The Latest Guidance, Best Practices & Expectations
- Available vs. Ledger Balances, Debit Card Holds & Multiple Fee Issues
- Approved Positive Transactions that Settle Negative
- Customer Communications & System Oversight
- Regulatory Exam Feedback
- Management & Frontline Oversight
- UDAAP Angles
- Your Questions & Much More!
Who Should Attend
This webinar is designed for the frontline, management, compliance officers, auditors, risk managers and/or other operations personnel.
Instructor Bio
Jerod Moyer is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Moyer has spoken on behalf of the American Banker’s Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.
Moyer likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!
Registration Options
Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $279
Available Upgrades:
- 12 Months OnDemand Playback $110
- 12 Months OnDemand Playback + CD $140
- Additional Live Access $75 per person
