While there hasn’t been much change recently with respect to overdrafts, there are some things we need to keep an eye on. First, the new Administration has a different take on consumer protection and what that means. Thus, the CFPB is looking closer at current consumer protection laws and looking towards reform as we move forward. We have no doubt that overdrafts will make their way back onto the CFPB’s rule-making agenda.
Jerod explains more in the video.
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar, or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups, and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.
Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!