o Reg E deadline to get new members to opt-in to overdraft services for debit card and ATM transactions when into effect on July 1. The deadline for existing members is Aug. 15.
o Ventura County CU has an opt-in rate of 95% from using a variety of methods to reach out to members. The most effect being in-branch communication.
o CO-OP Financial Services is offering its member center as a resource for credit unions to use for inbound and outbound calling to get members to opt-in.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
