Special Events Training
Summary
The financial industry's been buzzing about overdraft fees for many years, but with the recent NCUA announcements, the picture is finally getting clearer as to exactly what the expectations are going to be for the credit unions in our network. Join us for this special event, the third in a series of conversations going back to January of 2023, about our plans for responding to the latest changes.
Our internal compliance experts will be on hand to review recommendations we've made over the years for all of the points made in the NCUA letter 3-C-24. Our product designers will explain what we're working on for changes to how CU*BASE assesses fees. And join in conversations with your peer credit unions on creative ways they are rising to the challenge of this constantly shifting environment.
Audience
All cuasterisk.com clients.
Objectives
See above.
Topics
- Review the “Credit Union Strategies in Responding to NCUA Letter 3-CU-24” document posted on our Kitchen page.
- Discuss details of our ongoing software enhancement project.
- Explain the best-effort weekly report we’re producing to help CUs proactively review and refund potential APSN fees charged to members.
- Interact with participants about what changes credit unions are planning in their procedures and overdraft programs going forward.
- Review some ideas for replacing this fee income with other sources.
