Banking Agencies’ Joint Guidance on Overdraft Protection
1. Background
2. Safety and Soundness
a. Account-Approval Standards
b. Ongoing Monitoring
c. Delinquencies and Charge-offs
d. Call Report Treatment
e. Vendors
3. Legal Risks
a. FTC Act/Advertising
b. TILA/Reg Z
c. Equal Credit
d. Truth in Savings
e. EFT Act
4. Best Practices
a. Marketing and Communications
b. Program Features and Operation