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#1452129 - 10/06/10 12:47 PM Reg E Overdraft Policy
cheech Offline
100 Club
Joined: Jun 2010
Posts: 207
Chatsworh PA
Wondering if anyone could help with a Reg E Overdraft policy and procedures, ours needs to be updated to include new opt in section.

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Operations Compliance
#1510771 - 02/16/11 04:50 PM Re: Reg E Overdraft Policy cheech
cheech Offline
100 Club
Joined: Jun 2010
Posts: 207
Chatsworh PA
Anyone canceling their program with the new regs?

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#1510849 - 02/16/11 05:57 PM Re: Reg E Overdraft Policy cheech
dcl1963 Offline
100 Club
Joined: Feb 2006
Posts: 178
LA
No discussion about doing away with our courtesy overdraft program at this time.
_________________________
In God we trust, all others pay cash. . . Jean Shepherd

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#1511225 - 02/17/11 02:07 PM Re: Reg E Overdraft Policy cheech
Elwood P. Dowd Offline
10K Club
Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
There is no logical connection between the FDIC guidance and a decision to stop promoting overdraft services. If you continue to make your pay or return decisions using established criteria, the guidance still applies.
_________________________
In this world you must be oh so smart or oh so pleasant. Well, for years I was smart. I recommend pleasant.

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