Overdraft Programs – Compliance Best Practices

Post

Maintaining a compliant overdraft program is challenging given the multiple regulations that apply and the lack of specific guidance by regulators. Overdraft programs continue to be an area of regulatory scrutiny, so a strong program is critical to avoid criticism. Attendees of this webinar will learn the regulatory requirements relating to overdraft programs as well as regulatory guidance and best practices.  

Learning Objectives:

  • Learn how to design a compliant program
  • Avoid common pitfalls including those related to Truth in Savings, Electronic Funds Transfer, Regulation O, etc.
  • Understand common findings for both automatic overdraft privilege programs and ad hoc overdraft programs

Speakers

Heidi Wier, CFSA
Managing Director, Regulatory Compliance and Internal Audit
CrossCheck Compliance LLC

Heidi is a regulatory compliance and internal audit professional with over twenty-five years of experience in the financial and professional services industries. She has consulted with banks, credit unions, mortgage companies, and other financial services companies of all sizes on their internal audit and compliance needs.. Heidi has particular expertise in the areas of ECOA, HMDA, Regulation Z, RESPA, BSA/AML and other lending regulations. Heidi is a graduate of the University of Wisconsin – Milwaukee with a Bachelor of Business Administration in Accounting. She is a Certified Financial Services Auditor (CFSA).

Jim Treacy, CPA and Certified BSA Officer
Director, Regulatory Compliance and Internal Audit
CrossCheck Compliance LLC

Jim is a regulatory compliance and internal audit professional with over twenty years of operational, financial, and compliance experience in the financial services industry. His clients include financial services organizations of all sizes, ranging from small local financial institutions to large national financial institutions. Through independent compliance reviews, compliance audits, and risk assessments, as well operational audits and audit function development, Jim works with clients to ensure that controls implemented adequately mitigate risks faced by the institutions.Jim holds a Bachelor of Science, Economics, from the University of Wisconsin- Madison and a Master of Business Administration, Marquette University.

 

WiBinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every WiBinar:

This WiBinar is ideal for:

Compliance Officer, Compliance Manager, Branch Manager, Operations Manager

Register

Click here to register online