Are You Up To Speed On Overdrafts?

How well do you manage the risks associated with your overdraft practices? Before you can successfully answer that question you probably need to ask yourself a couple more.  Do you fully understand the risks associated with offering overdraft products?  What steps do you take to mitigate those risks?  For example, do you monitor system and software changes that might warrant changes to your disclosures and marketing materials?  Do your disclosures accurately describe your overdraft practices?  Is your system calculating overdraft fees in the manner your disclosures state?  Have you implemented appropriate systems to manage consumer complaints?  There are so many questions when it comes to overdraft compliance.

Want to get your bank on track or just get a refresher on what your examiners will expect?  Join us on June 7, 2017, for our Overdraft Guidance & Best Practices webinar.  We will guide you on how to assess your risk, overdraft hot sports and much more!

Published
2017/05/31
Deb Irving
David Dickinson

David Dickinson

David’s banking career began as a field examiner for the FDIC in 1990. He later became a Compliance Officer and Loan Officer for a small bank. In 1993, he established Banker’s Compliance Consulting. Along with his amazingly talented Team, he has written numerous compliance articles for prestigious banking publications and has developed compliance seminars that Banker’s Compliance Consulting produces.

He is an expert in compliance regulations. He is also a motivational speaker and innovative educator. His quick wit and sense of humor transforms the usually tiring topic of compliance into an enjoyable educational experience. David is on the faculty of the American Bankers Association National Compliance Schools and has served on the faculty of the Center for Financial Training for many years. He also is a frequent speaker at the ABA’s Regulatory Compliance Conference. He is also a trainer for hundreds of webinars, is a Certified Regulatory Compliance Manager (CRCM) and has been a BankersOnline Guru for many years. The American Bankers Association honored David with their Distinguished Service Award in 2016.

David and his wife Karen have three adult children, four grandchildren (none of whom live at home!) and two cats (of which Dave is allergic … the cats, not the children!). They recently moved to an acreage outside of Lincoln, Nebraska where he gets to play with his tractor. When possible David can be found fishing, making sawdust in his shop, or playing the guitar and piano. He also enjoys leading worship at his church.

Recent Posts

Flood: Relying on A Prior Flood Determination

Knowing Your Customer When Banking Marijuana & Hemp

CFPB Overdraft Proposal

Archives

see all topics