Bank News Archive

Representments in the News: FDIC Provides Guidance on Multiple NSF Fees

Bank News, Breaking, Industry Reports, Publications

In the latest issue of Consumer Compliance Supervisory Highlights, the FDIC addressed the charging of multiple non-sufficient funds fees for transactions presented multiple times against insufficient funds in a customer’s account. FDIC examiners have scrutinized this issue in recent exams, with some exams remaining ...Read More

Sound New Year’s Principles are Beneficial All Year Long Fairness, Convenience and Compliance are the Benchmarks of Overdraft Protection

Bank News, Breaking, Industry Reports

By Cheryl Lawson If your bank’s 2017 goals include increasing revenues and customer satisfaction, a fully-disclosed overdraft protection plan may be the solution. A proven plan could fill not only both needs, but also provides fairness, convenience and compliance to the account holder and ...Read More