Bank on Wipfli
Keeping up with compliance
The regulations around overdraft fees are changing fast. If your financial institution wants to be compliant and avoid litigation, you’ll need to keep up.
In this episode of Bank on Wipfli, we cover ways that you can manage regulations. Learn how clear communication and transparency in member agreements can help you navigate representment and the FDIC’s unfair, deceptive or abusive acts or practices policies.
Our special guest is Cheryl Lawson, executive vice president of compliance review at JMFA. Join Cheryl and Wipfli senior manager Robert Zondag as they cover how to respond to litigation and answer these questions:
· How can you ensure your financial institution’s overdraft program is compliant with all regulations?
· How can you ensure transparency and help account holders know what they’re agreeing to?
· How can you keep up with all the regulations around overdraft programs?