Overdraft Payment Programs Quick Reference Guide

Updated 02/28/2023

This quick reference guide gives an overview of all laws/regulations and regulatory guidance (including recent regulatory scrutiny) of overdraft payment programs. It also includes a sample overdraft policy in Appendix A. The following are the key takeaways of the changes:

  1. Updated to include information from CFPB circular 2023-02 regarding reopening deposit accounts that consumers previously closed (UDAAP).





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