New Overdraft Rules – Steps Communications and Operations Staff Need to Take to Ensure Success on July 1
Telephone Briefing/Webcast*

The mandatory effective date banks must be in compliance with the new overdraft rules is July 1. This recording of the two-hour telephone briefing/Webcast held on March 10 will provide you with guidance on how to gauge your bank's readiness and will help you identify other issues that need to be addressed so your institution will be compliant by this important deadline.

Your operations, communications, and compliance departments are facing significant implementation challenges related to this new rule. This briefing will provide them with an opportunity to hear from a panel of experts on the myriad of compliance questions, and what operational and communications tasks are necessary to comply with the new rule. The briefing will also provide direction on how to address these tasks. In addition, this program can be used as a way to initiate or continue the conversation between your operations, communications and compliance people involved, including your core processor and overdraft service vendor to ensure that your bank will be ready.

Program Date Audio CD Now Available
Per CD Fees** $255 ABA/ICB/Service Member • $385 Non-Member 
Registration Not applicable
Audio CD Purchase Online (PDF)
Credits

This recording is approved for 2.5 CRCM, CSOP and CFMP continuing education credits.
The Institute of Certified Bankers (ICB) is dedicated to promoting the highest standards of performance and ethics within the financial services industry.

Topics to be covered:

  • Brief update and clarifications of requirements of the regulation
  • Chronology of the tasks your bank needs to complete by July 1
  • Coordination with your core processor and ODP vendor to meet the technical challenges
  • Planning your communications campaign
    • What message should you send to your customers?
    •  Which of your customers should you target?
    •  What are the best channels to deliver the message?
    •  When should you communicate with your customers?
    •  How do you prepare a media communications strategy?


This program will provide only a high level overview/update on the overdraft rules.

Speakers

  • American Bankers Association:
    •  Carol Kaplan, Senior Director, Public Relations
    •  Stephen Kenneally, Vice President, Center for Regulatory Compliance
    •  Nessa Feddis, Vice President/Sr. Counsel, Center for Regulatory Compliance
    •  Virginia O'Neill, Senior Counsel, Center for Regulatory Compliance
  • Rheo Broulliard, President and CEO, SI Bancorp, Willimantic, CT

Who Should Attend

  • Retail Managers
  • Marketing Directors
  • Operations Managers
  • CEOs
  • Compliance Directors
  • Bank Counsel

*ABA's Telephone Briefings include reference materials and telephone audio. Telephone/Webcast Briefings include reference materials, telephone audio, and simultaneous webcast presentation (requires 56K or faster with JavaScript and cookies enabled in the browser, i.e., Microsoft Internet Explorer 4.0 or later, or Netscape 4.7X).

**Each site license (registration fee) entitles you to one phone connection and one Internet connection  (when there is a simultaneous webcast presentation) where an unlimited number of listeners can participate.

Any transmission, retransmission or republishing of the audio or Web portions of this briefing is strictly prohibited.


Questions? Please contact Joe Mach / Linda Shepard / Cari Hearn for more information.