If we are increasing the amount of overdraft protection available to our customers, do we have to give them 30 day notice of that increase? Being that this is not an adversary thing for the customer because we are increasing their ODP amount but it could cost them more in NSF fees. We have printed the notice of increase on their statements and are ready to make the change but what is the opinion, do we need to give them 30 day notice on this???
Thanks for your input!
cmh