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My bank is adding an in-house credit card program. What do I do?!

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Question: 
My boss told me today our bank is seriously considering doing an in-house credit card program. HELP! I don’t even know where to begin. What should I expect and where can I learn more?
Answer: 

I feel your anxiety. I’ve been in your shoes – twice – at different community banks, and know the pit-of-your-stomach feeling you are experiencing right now. In-house credit card programs are becoming more common, as banks eye the profitable product. I found there weren’t very many training programs to cover applicable credit card compliance rules (and there are a ton of them!), so I wrote one.
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Learn more about Rebekah Leonard’s Credit Card Compliance: Lots of Rules! webinar.

First published on 06/09/2024

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