Session to advise banks and credit unions how to improve fee income & service with a compliant discretionary overdraft program.
LOUISVILLE, KY–BSG Financial Group, a group of independently organized companies that provides revenue-enhancing programs and compliance solutions for financial institutions nationwide, announced today it will host a webinar for financial institutions entitled, "A New Year. A New Look at Discretionary Overdraft Programs." The free webinar will be offered on Tuesday, February 9, 2016 and Thursday, February 11, 2016, with separate sessions each day for both banks and credit unions.
The webinar is especially relevant for financial institutions that have not implemented a discretionary overdraft service, or those that have experienced a decline in service fee income since the implementation of the amendment to Regulation E in 2010. The session will reveal the opportunities that exist to increase revenue and offer a valuable benefit to members who may have a short-term liquidity requirement.
It will feature presenters Jeff Harper from BSG Financial Group and industry expert, Erik Hoghaug, of Hoghaug Consulting, LLC.
BSG Financial Group is offering this webinar as part of an ongoing educational series that it provides for its clients and potential customers.
In this webinar, the presenters will discuss:
- Industry Trends and the Changing Landscape of Overdrafts
- Benefits of Offering a Discretionary Overdraft Service
- How to Ensure Your Overdraft Service is Fully Compliant
- Steps to Enhance an Overdraft Service
- Setting Overdraft Limits to Reduce Risk
- The Value of Tracking NSFs Due to Debit Card Declines
About BSG Financial Group
Louisville, Ky.-based BSG Financial Group is a group of independently organized companies that provides revenue-enhancing programs—combined with compliance solutions—for financial institutions to help them meet their financial goals. BSG Financial Group has been a provider of innovative overdraft programs since 1999, including the industry's first cloud-based overdraft management solution, Courtesy Connect(R)/Courtesy Limit™.
The company's additional revenue-enhancing solutions include: Demand Deposit Account Management; Fee-Based Packaged Checking Accounts; Expense Management & Vendor Negotiation; Vendor Management; Social Media Management; and Appraisal Management Services.
BSG Financial Group includes the following companies: CourtesyCloud Management Solutions, LLC; BSG Financial, LLC; IQ Development, LLC; and Sales Performance Group, Inc. For more information about the company, visit www.BSGfinancial.com.