FDIC Guidance on Overdraft Protection


SKU: 401133EAU Category: Tags: , , ,


Learn best practices to ensure your overdraft program is compliant.Financial institutions have been increasingly relying on overdraft income in recent years, which includes fees collected from automated overdraft programs. With the increase in implementation of these programs, regulatory agencies have found a higher risk of harm to consumers, especially vulnerable consumers. The FDIC has issued guidance to ensure institutional compliance with the various regulations of overdraft programs. With heightened oversight of these programs, officers and directors must understand what is required to maintain a compliant overdraft program and what pitfalls to avoid. This topic will help those responsible for overdraft programs understand bestpractice measures for a program and how to implement effectively. In addition to reviewing the FDIC requirements and recommendations, you will review the broader regulatory landscape that impacts overdraft programs and understand how your respective institution can implement a program with fidelity.

Date: 2017-11-02 at –

Learning Objectives

Credits: CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.