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#1020141 - 08/14/08 04:04 PM Overdraft Charge-offs
SFrost Junior Member Joined: Sep 2002 Posts: 35	What is the time frame for charging off overdrawn accounts? Thanks!
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Operations Compliance

#1020149 - 08/14/08 04:12 PM Re: Overdraft Charge-offs SFrost
rlcarey 10K Club Joined: Jul 2001 Posts: 83,392 Galveston, TX	60 days for banks - 45 days for Federal Credit Unions. _________________________ The opinions expressed here should not be construed to be those of my employer: PPDocs.com
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#1020159 - 08/14/08 04:17 PM Re: Overdraft Charge-offs rlcarey
SFrost Junior Member Joined: Sep 2002 Posts: 35	Thanks! We are a bank...where can I find documentation for that. Our policy says 30 days, while our actual process is 60 days.
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#1020181 - 08/14/08 04:27 PM Re: Overdraft Charge-offs SFrost
rlcarey 10K Club Joined: Jul 2001 Posts: 83,392 Galveston, TX	http://www.federalreserve.gov/BoardDocs/srletters/2005/SR0503a1.pdf _________________________ The opinions expressed here should not be construed to be those of my employer: PPDocs.com
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#1020233 - 08/14/08 04:49 PM Re: Overdraft Charge-offs rlcarey
SFrost Junior Member Joined: Sep 2002 Posts: 35	Thanks for your help!
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#1020235 - 08/14/08 04:50 PM Re: Overdraft Charge-offs rlcarey
SFrost Junior Member Joined: Sep 2002 Posts: 35	Thanks for your help!
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