Podcast: Overdraft Protection Act & addressing fees

Podcast: Overdraft Protection Act & addressing fees

In this episode JMFA’s EVP of Compliance Review, Cheryl Lawson, shares insight on recent topics making news headlines. She addresses a few continuous elements proposed by lawmakers to impose changes to regulations on overdraft [...]

Five steps to avoid overdraft litigation

Law firms are targeting community banks and credit unions for their overdraft practices. While regulatory changes have been few in recent years, litigation is increasingly putting pressure on banking practices. Learn what the industry is [...]

Compliance Corner: Litigation threats abound

Compliance Corner: Litigation threats abound

Creating a sound and compliant overdraft program has always been the goal. Since the 2005 Final InterAgency Guidance was published, regulatory examiners were typically the only people who reviewed these programs. Maybe the financial institution [...]

Push back against overdraft/NSF fee demand letters

Push back against overdraft/NSF fee demand letters

Fully disclosed overdraft programs have been widely accepted as a part of a community banking for more than a decade. When consumers understand how much of an overdraft limit they have, these programs provide a [...]