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How does Strunk and Associates address compliance issues with their discretionary Overdraft Privilege Service Program?

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How does Strunk and Associates address compliance issues with their discretionary Overdraft Privilege Service Program?

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The Overdraft Privilege Service Program will touch many areas of your financial institution, while satisfying media and consumer advocate issues. For example: Reg Z TILA /Truth in Lending (and disclosure) Reg O Loans to Key Executives Reg E Electronic Credit Banking Reg B Discriminatory Practices Reg DD TISA/Truth in Savings (and Advertising) We provide our clients with a comprehensive guidance package that includes confidential and proprietary Best Practices guidelines, examples, illustrations and time-and-examination-tested sample materials that are compliant with applicable laws, rules and regulations including the latest Regulation DD Amendments and NCUA guidance directives that apply to overdraft payment programs. Strunks guidance package is designed to assist our clients in their compliance efforts to ensure their practices and processes associated with any discretionary payment of overdrafts are reliably compliant, prudent, safe and responsible. Our clients also receive detailed

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