Compliance Update . Sponsored by the FDIC Kansas City Region June 24, 2010. E-mail Questions to:. kcconferencecall@FDIC.gov. Rules Regarding Overdraft Services. Overview of July 2010 Regulation E Amendments. Overview.
Sponsored by the FDIC Kansas City Region June 24, 2010
Overview of July 2010
Regulation E Amendments
1) Description of the institution’s overdraft services, including fees.
2) Fees for paying an ATM or one-time debit card transaction, including daily limits, if any.
3) Alternative plans to cover overdrafts.
4) The methods by which the consumer may opt in.
Reg E Final Rule
Joint Agency Guidance- FIL-11-2005 http://www.fdic.gov/news/news/financial/2005/fil1105.html
Federal Reserve Consumer Compliance Outlook
Reg E- Disclosures at ATM Machines- FIL-66-2009
Regs DD and E- 5/28/2010 clarifications
Married vs. Unmarried Co-applicants
How Fair Lending Violations Can Occur