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Taken Your Eye Off the Overdraft Protection Ball?

June 2, 2021/in Banks, Compliance, Credit Unions, Financial Services, Markets, Overdraft Privilege/by Kristi Daly

Have you been worried about taking advantage of account holders in a pandemic environment? Not clear on what regulators expect in terms of accommodating customer hardship situations? The last 14 months certainly haven’t been easy on our account holders. The last thing we want to do is appear to be taking advantage of a bad situation by pushing the envelope on overdraft fees. But where is the right balance? Strunk can help.

We don’t charge a contingency fee – so we’re not going to push you to generate more fees if you think that’s not the right thing for your client base. We also charge a very affordable fixed annual fee – so you don’t have to feel like you should justify the price you pay the OD vendor by driving more fee income. Our goals are to maximize the performance of your program – based on your strategy – and also to ensure compliance.

With StrunkAccess receive the latest hosted ODP Manager software, which will facilitate the generation of proper notifications & reports when they’re needed. ODP Manager is the most powerful tool available to help financial institutions get the most benefit out of their overdraft programs and remain in full compliance with the law. It is provided as a cloud-hosted application, taking full advantage of the latest software developments and eliminates the need for users to maintain a separate application in their own network environment.

Get started today by contacting us at info@strunkaccess.com or 800-728-3116.

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https://strunkaccess.com/wp-content/uploads/2021/05/baseball-2489950_1280.jpg 992 1280 Kristi Daly https://strunkaccess.com/wp-content/uploads/2022/03/Strunk-Original-300x100.png Kristi Daly2021-06-02 10:00:232021-07-01 04:07:28Taken Your Eye Off the Overdraft Protection Ball?

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