Overdrafts are certainly an area we've heard a lot about lately. Even though there is no new regulatory guidance per se, we're seeing many institutions eliminating overdraft fees (and NSF fee as well) entirely. Is this something every institution should consider? Not necessarily, but it is important to understand exactly what is at issue and how to manage your program.

In this session, we'll discuss the various types of overdraft programs, as well as the many statements and guidance from regulatory agencies over the past few years. We'll also talk about risk management, particularly around consumer protection and UDAP/UDAAP. We'll discuss some best practices to ensure your program is doing exactly what you expect it to be doing, and how to handle the many risks that come with this timely topic.What You'll Learn:

• Should we eliminate overdraft (and/or NSF) fees?
  
• Discussions in Congress and at regulatory agencies
  
• Overdraft reform from the OCC, CFPB, and others
  
• Overdrafts as UDAP/UDAAP?
  
• Differences between overdraft and NSF
  
• Different types of overdraft programs and their risks
  
• Compliance risks of overdrafts according to various regulations
  
• Making the right decisions for your institution