> Quick Bite: Reg E

Thursday, June 06, 2013
11:00 AM Eastern Daylight Time
12:00 PM


Billions of electronic transactions travel through our industry every day, week and month. Regulation E (the Electronic Funds Transfer Act) was implemented to maintain control of this complex operations area while keeping consumers informed of these transactions on their accounts. The importance of understanding Regulation E and the transactions it governs had become increasingly important, especially with new changes made and proposed by the Consumer Financial Protection Bureau (CFPB).

Join us as we explore the present regulation and proposed changes to include:

Regulation Fundamentals

  • Disclosures
  • Access Devices
  • Debit Card Error Resolution and Member Complaints
  • Electronic Funds Transfers
  • Overdraft – Debit Card Transactions
  • Cards – Payroll, Gift and Other

Changes under CFPB

  • Final Remittance Rule
  • Debit Card Fraud Rules
  • Safe Harbor

Who should attend?
Managers and supervisors in these departments: Compliance; Member Service; Operations ; Marketing; Business Development.

Speaker: Steve Gibbs manages Shared Compliance Resources (SCR), a program he developed and began over 6 years ago to provide compliance consulting and support to credit unions in the form of a “time share” format. SCR is a division of Credit Union Resources, Inc and the Texas Credit Union League (TCUL). His career of over 30 years in the financial industry includes service with the Federal Reserve Bank of Dallas, the Federal Home Loan Bank of Dallas (Office of Thrift Supervision - “OTS”), and the Federal Deposit Insurance Corporation (FDIC), where he achieved professional designations and awards. Steve holds CUNA’s Credit Union Compliance Expert (CUCE) and Bank Secrecy Act Compliance Specialist (BSACS) certifications. 

Location: Via Telephone

Time: 11:00 am - 12:00 pm EST

Educational Investment: $109.00 per telephone connection. Unlimited Listeners and Free Audio Archive

****You must be registered for this session to hear the audio-recorded version and receive handouts.****

AUDIO ARCHIVE! Can't tune in today? This session will be available on-line for 30 days after activation.

To register and pay by check, email mzelinsky@njcul.org and your credit union will be invoiced. To register and pay online, click here.