Let’s Talk Overdrafts – ON-DEMAND WEBINARS


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SKU: SWOVD-1 Category:

Date Recorded: April 20, 2022
Presenter: K. Natalie Straus, CRCM, Vice President, ProBank Austin

A ninety-minute webinar addressing regulatory requirements related to consumer overdraft programs.

Renewed interest in generating overdraft revenue has opened the door for many questions – and regulator concerns. Join us as we explore overdraft program and advertising disclosures, promoting overdraft on your website and opt-in promotional practices and best practices to mitigate the inherent risks associated with overdraft programs, including UDAP/UDAAP. We’ll even take a peek at the proposed overdraft model form and any potential concerns.

In this webinar we will discuss:

  • Difference between automated, standard, and ad hoc overdraft requirements;
  • When your institution can charge an overdraft fee;
  • Opt-in procedures;
  • Common opt-in problem areas;
  • Disclosure requirements;
  • UDAAP risks;
  • Advertising risks; and
  • Regulatory guidance.
Who Should Listen

This webinar is designed for anyone wrestling with compliance issues for disclosures, the error resolution timetables and auditing the procedures of the financial institution related to Regulation E compliance. This would include new accounts, compliance, operations and loss prevention personnel.

Program Level: Basic

Prerequisite/Advanced Preparation: Basic Knowledge of Deposit Regulations

Delivery Method: Group Live Webinar

Field of Study: Specialized Knowledge

Copyright Disclaimer

Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.