A free webinar brought to you by CUNA Strategic Services and ADVANTAGE
Featured Speakers: Cheryl Lawson, EVP of Compliance Review, ADVANTAGE, and John Cohron, Chief Executive Officer, ADVANTAGE
Credit unions are increasingly under pressure to balance exceptional member service with financial stability. As the CFPB's anticipated final rule approaches and competition intensifies, the stakes have never been higher to reassess your overdraft program.
With regulators tightening their focus on eliminating practices that increase consumer costs, hear from industry experts as they address the pressing questions shaping the future of overdraft services.
Key takeaways include:
- The Future of Overdrafts: What’s ahead for overdraft programs amid evolving regulatory and market trends?
- Refining Your Overdraft Strategy: How can your institution adapt its overdraft program to meet both consumer needs and regulatory expectations while ensuring long-term stability?
- Is Lowering Fees Enough? Discover why adjusting fee amounts alone may not be sufficient and what other factors should be considered.
- Understanding the CFPB’s Break-Even Benchmarks: Learn how to evaluate the financial impact of your overdraft service in light of CFPB guidelines.
- Common Pitfalls in Overdraft Strategy Changes: Avoid typical mistakes institutions make when revising overdraft policies and ensure your decisions are well-informed.