Stay Compliant with Overdraft Regulations
We ensure your overdraft policies, disclosures, and practices comply with regulatory standards, helping you avoid costly penalties and maintain customer trust.
Consumer overdrafts are a common occurrence at most financial institutions. Managing these transactions while maintaining compliance with regulatory requirements is essential to protecting your institution and maintaining customer trust.
TCA Compliance offers comprehensive Overdraft Protection Program Reviews to help you ensure that your overdraft policies, disclosures, and practices align with regulatory standards.
Our Approach
Our experienced consultants conduct a thorough review of your institution's overdraft program, focusing on:
Overdraft Policy Review
- Assessment of your institution’s overdraft policy.
- Evaluation of fee waiving options and fee charging practices.
Regulation E and Regulation DD Compliance
- Review of special requirements for overdrafts under Regulation E and Regulation DD.
- Assessment of compliance with opt-in and disclosure requirements.
Advertising Compliance
- Review of the accuracy and content of overdraft advertisements.
- Validation of marketing practices to ensure compliance with applicable rules.
TCA provides A Better Way to ensure your overdraft practices align with regulatory standards, protecting your institution and maintaining customer trust.
Key deliverables include:
- A detailed assessment of your overdraft program policies and practices.
- Identification of compliance gaps and regulatory risks.
- Practical recommendations to enhance compliance.
- A comprehensive compliance report with actionable insights.
Additional Compliance Topics
Government Shutdown: What Can You Do to Help?
Today’s complex world just got a whole lot more complex with the ongoing government shutdown. All of us, no matter where we are located, know someone who is experiencing a loss of income due to the impact of the government shutdown. We know someone who serves in the military or works in air traffic control […]
SAR FAQs
On October 5, 2025, FinCEN, along with the other prudential regulators, published new Suspicious Activity Report FAQs. TCA – A Better Way!
Regulatory Updates – Third Quarter 2025
Below is a link to the Regulatory Updates as of the end of Q3 2025. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. TCA – A Better Way!
Turning Downtime Into Uptime: Using Regulatory Lulls to Fortify Compliance
The Critical Role of Compliance Management System Risk Assessment We are all familiar with the emphasis placed on meaningful risk assessments throughout our industry. Among the many risk assessments that should be created for banks, the Compliance Management Systems Risk Assessment (CMSRA) is perhaps the most important. The importance of a thorough Risk Assessment cannot […]
Regulatory Updates – Second Quarter 2025
Below is a link to the Regulatory Updates as of the end of Q2 2025. TCA provides A Better Way for you to track Compliance updates and keep your organization on track. TCA – A Better Way!
Executive Order on Disparate impact and What a Bank Should Know
On April 23, 2025, an Executive Order regarding Disparate Impact was issued. The Order states: “It is the policy of the United States to eliminate the use of disparate-impact liability in all contexts to the maximum degree possible.” In addition, it requires the assessment of pending investigations and litigation to extend to the Department of […]
