Overdraft Litigation: Evaluating Your Risk Factors
August 29, 2023
A free webinar brought to you by CUNA Strategic Services and JMFA.
Featured Speaker: Cheryl Lawson, EVP of Compliance Review, JMFA
Class-action suits related to overdraft practices are being filed against financial institutions of all sizes. Whether you already made changes to your program or decided to take a wait-and-see approach, find out if your credit union is at risk for examiner scrutiny and litigation. Learn about the latest trends in overdraft litigation, ways to reduce consumer complaints and tips for mitigating risks.
Key takeaways include:
- The fundamental basis for most overdraft litigation, with examples
- Key areas in your program to evaluate and review
- The impact of your disclosures and staff training
For decades, JMFA has helped credit unions to better serve their account holders with a fully disclosed overdraft solution—including the industry’s only 100% compliance guarantee—and to save on vendor contract negotiations.
JMFA continues to be one of the most trusted names in the industry. Whether it’s recovering lost non-interest income, providing a better member service or negotiating the very best deal with your vendors, JMFA helps you achieve measurable results with proven solutions.