Transcription of Joint Guidance on Overdraft Protection Programs
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Attachment Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation National Credit Union Administration Joint Guidance on Overdraft Protection Programs February 18,2005 The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and National Credit Union Administration (NCUA), collectively the Agencies, are issuing this Joint Guidance concerning a service offered by insured depository institutions that is commonly referred to as bounced-check Protection or Overdraft Protection .
Joint Guidance on Overdraft Protection Programs ... reputation, safety and soundness, and other risks. Further, institutions should carefully review their programs to ensure that marketing and other ... Statement on the Allowance for Loan and Lease Losses Methodologies and
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