Overdraft and Related Fees: What Should We Do?

Date:

Mar 5, 2025

Register

Overdrafts are certainly a topic we've heard a lot about lately. Are they outlawed? (Hint: No). Should we consider eliminating them? (Hint: No, but be careful). Even though there is no regulation on them per se, we do see some institutions eliminating overdraft fees (and NSF fee as well) entirely. It is important to understand exactly what is at issue and how to manage your program.

Agenda

Wednesday, March 5th, 2025
11:00 am - 1:00 pm EST

  • Should we eliminate overdraft (and/or NSF) fees?
  • Coverage under Reg. Z?
  • Discussions in Congress and at the regulatory agencies
  • Overdraft reform from the OCC, CFPB, and others
  • Overdrafts as UDAP/UDAAP? Considerations and factors
  • Are overdraft and NSF fees “junk fees?”
  • Authorized Positive, Settle Negative (APSN) issues
  • Differences between overdraft and NSF
  • Different types of overdraft programs and their risks
  • Compliance risks of overdrafts according to various regulations
  • Historical guidance and risk factors
  • Metrics to consider
  • Making the right decisions for your institution
Topics

Topics

  • Compliance
  • Deposit
  • Deposit Compliance
  • Lending
  • Lending Compliance

Roles

  • Bank Secrecy Act Officer/BSA Specialist
  • Compliance Officer
  • Deposit Operations Manager/Specialist
  • Risk Manager
  • Senior Management
  • Training Manager
  • Trainer

Who Should Attend
The program is ideal for compliance professionals and officers, auditors, risk managers, and anyone else in the institution responsible for making important risk decisions around overdraft programs.

Speaker(s)

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 30-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Fees

$299.00 or 1 Token

Available Upgrades

  • 12 Months OnDemand Playback $120.00
  • 12 Months OnDemand Playback + Digital Download $150.00
  • Additional Live Access $125.00 per person
Association Contact

Brooke McCormack, Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380