Overdraft privilege can be your high road to a successful future.
Win-Win: JMFA OVERDRAFT PRIVILEGE®
Boost fee income, along with customer satisfaction, without increasing service charge fees. This revolutionary program has resulted in a 50-300% sustainable increase in non-interest income for our clients. Account holders love it because they see it as a value-added service. You’ll love it because it opens up a whole new dimension in your relationships with account holders.
Moreover, all of our programs are 100% compliant with federal and state regulations. They offer 100% core processor compatibility, are fully automated and easily implemented. From compliance to comprehensive training, we cover everything. We cover it better. Our program includes:
- Demand deposit analysis
- System, technology and operations review
- Competitive analysis reporting
- Complete product design
- Formal presentation of comprehensive recommendations
- Integration with your data processing system
- Easy-to-use Privilege Manager CRM® software
- Disclosure and account holder education support
- Extensive on-site training
- Program monitoring and follow up
Win. Win. Win: the Compliance Challenge
In an ever-changing regulatory environment, it is imperative to have a business partner with the expertise to help you maintain compliance. JMFA offers proven strategies to guarantee 100% compliance with all state and federal regulations, including recent amendments to Reg E:
- Communications tools to assist in managing the account holder opt-in/opt-out verification and documentation process
- Employee training on program implementation and educating account holders on the benefits of opting in
- Privilege Manager CRM® software that automates and segments account holder communications for greater efficiency and effectiveness
When you choose JMFA, you get the experience you need to offer overdraft services that provide value to your account holders, are compliant with all state and federal regulations and help improve your performance in these challenging times.
If you would like to learn more information about JMFA OVERDRAFT PRIVILEGE®, click on any of the following links to download the file.