Overdraft Litigation Risk: Pitfalls and Effective Compliance Tools

Learn the applicable regulations, how to identify and analyze potential credit union risks associated with overdraft fees.

On-Demand Webinar Available Until August 20, 2020

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In recent years, a host of plaintiffs’ firms have targeted credit unions who have charged overdraft fees or insufficient funds fees. Those firms have also aggressively marketed to credit union members via targeted social media campaigns and websites, all with the goal to collect enough consumers for various class actions. Credit unions are also receiving demand letters directly from these firms on behalf of credit union members. Case law on the topic is evolving and not always consistent.

In this webinar, we’ll discuss the applicable regulations associated with overdraft fees, and how to identify and analyze potential credit union risks. Regulation E provides the applicable guidance for the assessment of overdraft fees and the like and provides a model form with commentary.

Key Takeaways:

  • Review Regulation E
  • Analyze model disclosures
  • Discuss current case law
  • Understand how to protect your credit union from overdraft litigation

Purchase Now

$295 Members | $395 Nonmembers 
(Additional $50 for CD)
One registration gives your entire team access to the live webinar and on-demand recording until August 20, 2020
Already registered? Go to the Online Training Center to view.

Who Should Attend?

  • NAFCU Certified Compliance Officers (NCCOs)
  • NAFCU Certified Risk Managers (NCRMs)
  • Risk staff
  • Compliance staff
  • Credit Union attorneys

Education Credits

  • NCCOs will receive 1.5 CEUs for participating in this webinar.
  • NCRMs will receive 1.5 CEUs for participating in this webinar.
  • CPA credit information is below; recommended 1.5 CPE credits.

CPA Certification Credit Information

  • Reviewer: Josie Collins, Associate Director of Education, NAFCU
  • Learning Objectives: Review Regulation E. Analyze model disclosures. Discuss current case law. Understand how to protect your credit union from overdraft litigation. 
  • Program Level: Basic
  • Prerequisites Needed: None
  • Advance Preparation Needed: None
  • Delivery Method: Group Internet-Based
  • Recommended CPE Credits: 1.5 credits
  • Recommended Field of Study: Regulatory Ethics - Technical
NASBA Sponsor Logo

National Association of Federally-Insured Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more.

About Our Webinars

Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.

Presented By

Terry C. Frank

Partner, Kaufman & Canoles, P.C.