Overdraft Requirements & Best Practices

Tuesday, April 23, 2024
11:00 am - 1:00 pm Eastern

This webinar will examine the regulatory requirements, guidance and examiner expectations related to overdrafts in plain English.

Overdrafts continue to be a hot-button issue with examiners as there has been a shift from “informing” consumers about their overdrafts to “protecting” them from excessive overdrafts. While there have been newer developments regarding multiple representment fees and transactions that authorize positive, settle negative, we are still waiting for the CFPB to undertake any major overhaul related to overdrafts. It’s imperative that you are aware of the current regulatory requirements, guidance and expectations to keep your bank out of trouble.

What You Will Learn:

• Hot Spots, the Latest Guidance, Best Practices & Expectations
• Overdraft Proposal for Very Large Financial Institutions
• Multiple Representments & NSF Charges
• Authorized Positive Settles Negative Transactions
• Customer Communications & System Oversight
• Regulatory Exam Feedback
• Management & Frontline Oversight
• "Junk Fees” & UDAAP

Who Should Attend? 

This webinar is designed for management, compliance, audit and/or other operations personnel.

Instructor

Jerod Moyer

Jerod 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. Jerod 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.

Jerod 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.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by OnCourse Learning (Total Training Solutions)

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Malia Widder, (614) 610-1877.