Jim Treacy’s column, “Compliance Management of Overdraft Programs,” in the July/August 2025 issue of ABA Risk and Compliance Magazine explores the regulatory complexities of managing overdraft programs. Jim outlines key requirements under the Electronic Fund Transfer Act (EFTA), including mandatory opt-in procedures for certain transactions and strict disclosure standards. He also highlights risks associated with “authorize positive, settle negative” (APSN) transactions and emphasizes the importance of a robust compliance management system to help financial institutions meet evolving federal and state expectations while maintaining customer trust.
Regulation E Back to Basics : Compliance Management of Overdraft Programs
