Overdraft Requirements & Best Practices

This webinar will examine the regulatory requirements, guidance and examiner expectations related to overdrafts in plain English.

Recorded Tuesday,
April 23rd, 2024
Presented by Jerod Moyer
2h total length
2.5 CRCM Credits
$299.00 or 1 Token

Includes: 30 Days OnDemand Playback, Presenter Materials and Handouts

  • Auditing
  • Compliance
  • Deposit
  • Deposit Compliance
  • General Compliance
  • Compliance Officer
  • Customer Service Representative
  • Deposit Operations Manager/Specialist
  • Internal Auditor
  • New Accounts Representative
  • Senior Management

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Overdrafts continue to be a hot-button issue with examiners as there has been a shift from “informing” consumers about their overdrafts to “protecting” them from excessive overdrafts. While there have been newer developments regarding multiple representment fees and transactions that authorize positive, settle negative, we are still waiting for the CFPB to undertake any major overhaul related to overdrafts. It’s imperative that you are aware of the current regulatory requirements, guidance and expectations to keep your bank out of trouble!

What You'll Learn

  • Hot Spots, the Latest Guidance, Best Practices & Expectations
  • Overdraft Proposal for Very Large Financial Institutions
  • Multiple Representments & NSF Charges
  • Authorized Positive Settles Negative Transactions
  • Customer Communications & System Oversight
  • Regulatory Exam Feedback
  • Management & Frontline Oversight
  • "Junk Fees” & UDAAP

Who Should Attend

This webinar is designed for management, compliance, audit and/or other operations personnel.

Jerod Moyer

Instructor Bio

Jerod is the leader of Banker's Compliance Consulting's training productions. He is a nationally recognized speaker. Whether it's a conference, seminar, school, webinar or luncheon, it's easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Banker's Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.

Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!

Continuing Education Credit Information

Overdraft Requirements & Best Practices has been approved for 2.5 CRCM credits. This statement is not an endorsement of this program or its sponsor. Credits are redeemable for both Live and OnDemand viewing. For questions on certificates, please email support@oncourselearning.com. Certification holders must report these credits at https://aba.csod.com.