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Velocity Solutions announces free webinar on overdraft and consumer liquidity strategies

Velocity Solutions is proud to announce a free webinar designed to provide a regulatory update on overdraft and discuss successful and compliant approaches for credit unions. The virtual event titled, “Mastering Overdraft and Consumer Liquidity with Options for Everyone” is scheduled for Wednesday, March 13, 2024, at 1pm ET and is hosted by CUInsight.

Attendees will join Velocity Solutions’ Chief Executive Officer, Christopher Leonard, as he shares an update on the CFPB’s proposed overdraft rule, as well as the current legislative, regulatory, and industry thoughts on overdraft. Leonard focuses on fairness and will review the most successful and compliant overdraft strategies in the industry.

“Overdraft continues to be a hot topic, and the CFPB’s proposed overdraft rule has generated more questions than answers,” said Leonard. “But with all the overdraft-related media coverage, one concept is pretty clear. The winning credit unions in 2024 will be those that focus on fairness—those that are providing fair, affordable and convenient options for short-term liquidity to their members. During this webinar, I plan to outline the most successful overdraft strategies we’ve seen gathered from years of working directly with credit unions. These strategies offer customized liquidity service to your members—and they are 100% compliant.”

This free event will be presented on March 13, 2024 at 1pm ET via Zoom. Those interested in attending this virtual webinar should register here. Log in information will be provided upon registration.

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