Description
Instructor
BankersHub Membership
The Course contains all you need to know about how regulatory opinions are shifting, to ensure your fees are reasonable and fair for the protection of your bank and your customers.
Also, it is important you know that the FTC has interpreted UDAP to apply to business accounts too. Moreover, the FDIC has taken note of this legal interpretation, and clearly noted in their UDAP Exam manual that UDAP is not just a consumer protection matter, but extends to business accounts too.
If you find a fee issue, what should you do? Should you provide restitution? To whom, and for how long?