Overdraft Programs - The Danger Zones

Overdraft Programs - The Danger Zones

Tuesday, December 7, 2021
2:30 pm – 4:30 pm Eastern

It’s 2021 and the examiners are expected next month. Will your financial institution pass the test?

This program is designed to provide an update and the steps needed to complete an overdraft service checkup on your program before examiners arrive. Whether your system is automated or ad hoc, there are some themes and specifics examiners will target this year. Join us for a look at litigation, federal laws, state law issues, and other overdraft “hotspots” in this regulatory environment. It continues to be shifting sand.

Topics Covered:

  • Understanding the regulations, the guidance and the regulatory environment
  • Authorize Positive/Settle Negative
  • What are good funds?
  • Average Balance/ledge balance
  • Fee per item per time
  • Lawsuits--See, e.g., Lloyd v. Navy Fed. Credit Union,
  • Your ODP program and whether it will pass the test—checklist for exams
  • Regulation E, Reg DD and State Laws
  • Examination “hot spots” and how the rules are being interpreted
  • Law suits around the country and how financial institutions are being targeted for unfair trade
  • Your policy, procedures, fees in 2021
  • Fair or unfair trade? A look at the federal and potential state issues
  • Frequently asked questions about overdraft programs
  • Why fees have to be consistent

Who Should Attend? 

This informative session is designed for the compliance area, deposit operations and management who are responsible for implementing a fair and compliant Overdraft Program.

Instructor

Deborah Crawford

Deborah Crawford is the President of Gettechnical Inc., a Virginia based training company. She specializes in the deposit side of the financial institution and is an instructor on IRAs, BSA, Deposit Regulations and opening account procedures. She was formerly with Hibernia National Bank (now Capital One) and has bachelor's and master's degrees from Louisiana State University. She has 30+ years of combined teaching and banking experience.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by OnCourse Learning (Total Training Solutions)

If you are having issues with registering online, please contact CBAO's Education, Training & Special Event Coordinator, Patti Webb, (614) 610-1877.

Registration Options (Member/Non-Member Pricing)

Live Plus Five ($265/$400) – Attend the live event and receive five business days of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.

Live Plus Five (Additional Hookup) ($175/$265) – Registering another banker from a different location for Live Plus Five.

OnDemand Recording ($295/$450) – Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.

CD-ROM ($345/$515) – Receive the webinar recording on a CD-ROM 7-10 business days after the Live event or your registration date (whichever is the latter). Receive unlimited access to the OnDemand Playback for 6 months and links to presenter materials and supplementary handouts. This option does not include live session attendance.

Live Plus Six ($365/$545) – Attend the live event and receive six months of unlimited access to the OnDemand Playback and links to presenter materials and supplementary handouts.

Premier Package ($395/$600) – Includes all three base options. Live attendance, OnDemand Playback for six months, and the CD-ROM.

When
12/7/2021

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