Be responsible. Be compliant. Recover lost revenue.
The government changed the rules making most overdraft programs outdated and obsolete. JMFA has built an all new overdraft program–complete with all new analytics, all new strategies, all new reporting and tracking, as well as all new communication materials for account holders. This new program will help your bank or credit union recover revenue lost as a result of these regulatory changes.
Here are a few questions you can ask yourself to determine if your overdraft program is obsolete:
- Does my program address the continuum of regulatory changes and best practices?
- Do I continually monitor my program and make adjustments as necessary?
- Is my program effective in recapturing lost income?
Don't get left behind with an obsolete overdraft program. JMFA OVERDRAFT PRIVILEGE® will eliminate risk and protect your income source.
JMFA OVERDRAFT PRIVILEGE® offers banks and credit unions something others don't – a guarantee.
Not only will you benefit from being able to offer your account holders a fully disclosed overdraft solution, you will receive a 100% written compliance guarantee for all state and federal regulations mitigating your risk. In addition to that, our fees are contingency-based so we succeed only when you do. But don't take our word for it alone. With more than 1,600 successful customized program installations–providing our clients 50-300% sustainable increases in non-interest income–we are proud to be the preferred provider for many industry groups.
Read what our clients have to say and you’ll quickly see why our overdraft solution is unlike any other available today. If you already have a solution in-house, why not let us take a look and see if there is a way to fine tune it and ensure it is still compliant after recent government changes. We want you to experience the same benefits our loyal clients do today.
Benefits for Banks and Credit Unions:
- Additional revenue stream and source of income
- Minimized risk with 100% compliance guarantee
- Easy installation and comprehensive effective on-site training
- A socially responsible program that is fully disclosed and fully transparent
- All aspects of the program are included in our contingency-based fee structure
- Improved communication with account holders for enhanced relationships
For more details on JMFA OVERDRAFT PRIVILEGE®, contact your representative. You'll quickly come to see that full disclosure, 100% compliance and total revenue recovery really is the only way – with JMFA.