Reg E Forces Overdraft Changes

April 2010
Credit Union Times;4/7/2010, Vol. 21 Issue 14, p24
The article reports on a study conducted by Moebs Services which indicates that 1,800 banks and credit unions out of the 2000 being surveyed have made changes to their overdraft strategy after the Regulation E was implemented by the U.S. Federal Reserve in November 2009.


Related Articles

  • Survey Suggests Banks, CUs Already Policing Overdraft Fees.  // Credit Union Journal;11/30/2009, Vol. 13 Issue 48, p1 

    The article reports that banks and credit unions in Washington have lowered the rising overdraft protection charges. According to a survey conducted by Moebs Services, the rate has lowered from 8.2% since 1999 to 1.2% in June to September 2009. It is believed that the changes in the overdraft...

  • US. CUs Reach New Record: $1 Trillion In Assets.  // Credit Union Journal;4/9/2012, Vol. 16 Issue 15, p1 

    The article reports on the analysis of Moebs $ervices Inc. regarding the total assets of credit unions (CUs) in the U.S. It states that Moebs chief executive officer (CEO) Michael Moebs estimated that CUs quietly have reached a 19 digits worth of assets in the final two weeks of March 2012. It...

  • Cut Capital Standards, Cut Red Ink.  // Credit Union Journal;4/27/2009, Vol. 13 Issue 17, p26 

    The article reports on the issue concerning reducing capital standards of credit unions in the U.S. According to Mike Moebs of Moebs Services, the number of natural-person credit union needing assistance by 1,000 will be reduced if the capital standards will be cut to three percent. It also...

  • 1 Year Post-Durbin, Interchange's Future Subject Of Debate. Birch, Ray // Credit Union Journal;10/15/2012, Vol. 16 Issue 42, p20 

    The article discusses some good and bad news indicated in a recent NAFCU study one year following the implementation of the Durbin Amendment rules. In the September 19, 2012 edition, it shows how the outlook for CU debit interchange has been mixed, with transaction-driving strategies working...

  • Moebs: Trades' Proposal Just Doesn't Go Far Enough.  // Credit Union Journal;10/5/2009, Vol. 13 Issue 40, p38 

    The article reports on the belief of Mike Moebs, chief executive officer (CEO) of Moebs Services, on the proposals to provide capital in credit unions in Lake Bluff, Illinois. He offers that neither bank nor the White House proposals with the government supervising the activity to provide...

  • Expert: Without Capital Reform, Many CUs Will Fail. Birch, Ray // Credit Union Journal;4/19/2010, Vol. 14 Issue 16, p1 

    The article reports on the key findings of Moebs $ervices that credit unions (CUs) will fail without capital reforms in the U.S. It was indicated that 2,289 natural person credit unions still need capital assistance for an average of 19.1 billion dollars. Mike Moebs, the company's (CEO), said...

  • Analyst Predicts 11% Capital Min. Coming. Birch, Ray // Credit Union Journal;5/9/2011, Vol. 15 Issue 18, p1 

    The article reports on the prediction of an analyst regarding the 11% capital minimum which will be met by credit unions (CU) in the future. According to Moebs $ervices Inc. chief executive officer (CEO) Mike Moebs, the best way to accomplish the 5.4 billion dollars annual earnings is to cut job...

  • Analysis: Many Sites Lack Updated Info. Birch, Ray // Credit Union Journal;8/5/2013, Vol. 17 Issue 30, p32 

    The article reports a review from research firm Moebs $ervices Inc. on 1,676 websites from financial institutions (FIs) indicating a fall back in pricing and other information updates. It mentions the inconsistency of the sites with other channels which may call for addition rules. Furthermore,...

  • ON DEADLINE.  // Credit Union Journal;1/11/2010, Vol. 14 Issue 2, p1 

    The article offers news briefs related to the credit unions (CU) in the U.S. The waive of penalty fees for members who face certain hardships has been announced by the Charter Oak Federal Credit Union (FCU). Richard Helber, a long-time credit union executive, has been appointed as chief...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics