Most Popular Operations Content
Exceptions and audits
07/28/2024
How can exception management impact audits?
Combating check fraud with preventative strategies
07/28/2024
How can financial institutions effectively mitigate the various forms of check fraud?
Factors that impact a branch transformation strategy
07/21/2024
What factors impact a financial institution’s branch transformation strategy?
Authorized signers on CD accounts
07/21/2024
Can a personal certificate of deposit account have authorized signers?
APSN ATM/POS transactions and overdraft fees
07/21/2024
Our institution has chosen not to charge NSF fees on ANY ATM/debit card transactions whether they are one time or recurring. Having said that, if we are in an APSN situation at end of day and the account is now overdrawn, we DO charge an Overdraft Fee (even if the only item causing the overdrawn balance is the ATM/Debit card transaction). Would this be perceived at UDAP/UDAAP? Additionally, both NSF fees and OD fees are the same amount.