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Webinar: Overdraft Protection Review, Update & Issues



Wednesday, July 16, 2014

2:00 - 3:30 pm CST


Speaker: Elizabeth Fast, Spencer Fane Britt & Browne, LLP


About the Program

Overdraft protection programs continue to be intensely scrutinized by regulators. In addition to complying with the specific laws and regulations, your credit union also needs to evaluate whether any aspect of its overdraft protection program might constitute an unfair, deceptive, or abusive act or practice. The CFPB issued a report on overdraft programs in June 2013, making them a top priority. If that wasn’t enough, member complaints and regulatory enforcement actions are increasing in this area. This webinar will explain the issues and problems with overdraft protection programs, the current legal and regulatory requirements, and the steps your credit union can take to protect itself.


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