Bank Compliance Center
Compliance touches every corner of community banking, from operations to customer interactions. Discover key areas like internal controls, policy development, and training programs that keep your bank aligned and accountable.
Enter the Compliance Vault
The Compliance Vault is a reliable search tool that helps you find answers to your regulatory compliance questions, with access to over 3,000 Q&As, select eLearning courses, and documents.
Earn your Community Bank Compliance Officer Certification at the ICBA Compliance Institute
The ICBA Compliance Institute is built to meet the needs of seasoned professionals seeking the latest regulatory education
Compliance Training
Compliance Question of the Week
In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.
If the bank advertises an overdraft program as free, does that include any fees, or just those directly related to the overdraft?
Advertising materials must disclose all fees, costs or penalties that may be imposed consistent with Regulation DD advertising. UDAAP is concerned whether there is harm including monetary harm to the consumer. Monetary harm may include costs and fees. The UDAAP examination manual provides additional information on what harm to the consumer means.
Reference: Regulation DD: 12 CFR 1030.8 and 1030.11(b) CFPB, UDAAP exam manual, version 2 October 2012, page 2