Overdraft Compliance Risk Management 2022 | Professional Bank Services | 30 August 2022 | Virtual Event

The CFPB’s recent research shows larger banks’ deep dependence on overdraft fees. Shortly thereafter, the FDIC issued Overdraft and Account Fees as part of its Consumer Awareness News, which is the FDIC’s monthly newsletter to consumers, providing practical guidance on how to become a smarter, safer user of financial services, including helpful hints, quick tips, and common-sense strategies to protect and stretch their hard-earned dollars. The combination essentially signals institutions – large and small – to get their overdraft programs in check.

Overdraft program compliance is not merely satisfaction with a single, clear-cut rule. Rather, compliance is riddled with multiple laws (e.g., Regulations E, DD and O), doctrines of fairness, supervisory guidance, UDAAP, and safety and soundness implications.

Join this two-hour webinar as we highlight the key elements of an Overdraft Compliance Management Program, including the regulatory requirements, program development, best practices, examiner findings and more! We will review key overdraft guidance to ensure you are covered.

During the two-hour webinar we will cover:
• Overdraft Compliance Management Program
• Regulatory Requirements
• Key Regulatory Guidance
• Program Development
• Best Practices
• Examiner Findings

FORMAT/INSTRUCTIONAL METHOD: GROUP INTERNET BASED

An online presentation and any additional supplemental materials, as applicable, will serve as the basis of the presentation. You will have the option to stream the audio through your computer or dial-in using a telephone number/PIN. Ample time will be dedicated to taking questions from attendees. Be sure to submit your questions during the webinar, as we are unable to offer telephone or email support after the presentation.

2022 Presenter

Leah Hamilton
Vice President & Senior Consultant, ProBank Austin