Available On-Demand
Discover useful insights on pressing issues surrounding overdraft fees, compliance expectations, and consumer needs.
Recorded on September 17, 2024
Community financial institutions are pressured to balance exceptional service with financial stability. With regulators tightening their focus on eliminating practices that raise consumer costs, many institutions are left questioning the future of overdraft services. This webinar provides insights into the pressing questions financial institutions are facing today.
Key Discussion Topics:
- The Future of Overdrafts: What’s ahead for overdraft programs amid evolving regulatory and market trends?
- Refining Your Overdraft Strategy: How can your institution adapt its overdraft program to meet both consumer needs and regulatory expectations while ensuring long-term stability?
- Is Lowering Fees Enough? Discover why adjusting fee amounts alone may not be sufficient and what other factors should be considered.
- Understanding the CFPB’s Break-Even Benchmarks: Learn how to evaluate the financial impact of your overdraft service in light of CFPB guidelines.
- Common Pitfalls in Overdraft Strategy Changes: Avoid typical mistakes institutions make when revising overdraft policies and ensure your decisions are well-informed.
Panelists:
- John Cohron is CEO of ADVANTAGE, where he works directly with community financial institutions. For 20-plus years, he managed our consulting operations and technology development.
- Cheryl Lawson is EVP of Compliance Review at ADVANTAGE, where she provides strategic guidance, ensuring our community bank and credit union clients remain regulatorily compliant while effectively mitigating risks.
Fill in the form to learn more about how you can stay ahead of regulator expectations.