Friday, January 6, 2012

CUs Reminded On Overdraft Consistency

"Some financial institutions “process transactions in the order received, others in real-time and others the smallest transaction first,” the association said.
“No matter which method is selected,” said NWCUA President/CEO John Annaloro, “someone is likely to complain. The key is to make sure members have easy access to all the necessary information and that fee assessments are done in a manner that is consistent and fair.”"
CUs Reminded On Overdraft Consistency:
'via Blog this'

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The Securities and Exchange Commission

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