United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2012_register executive 2012-02-27 article Notices D09002ee1c7fd5d22 D09002ee1c7fd5db7 United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency Title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 (the Dodd-Frank Act), charges the Bureau of Consumer Financial Protection (the CFPB or the Bureau) with regulating "the offering and provision of consumer financial products or services under the Federal consumer financial laws." \1\ Specifically, the Dodd-Frank Act grants regulatory authority to the Bureau for the Electronic Funds Transfer Act,\2\ except with respect to section 920 of that Act, and the Truth in Savings Act,\3\ which taken together, in part, govern consumer transaction accounts. Accordingly, the Bureau is reviewing existing regulations and supervisory guidance issued by various regulators pertaining to the use of overdraft programs by financial institutions. To support this review, the Bureau seeks information from the public on the impact of overdraft programs on consumers. --------------------------------------------------------------------------- 77 FR 12031 https://www.govinfo.gov/app/details/FR-2012-02-28/2012-4576 2012-4576 fr28fe12-55 4810-AM-P Docket No. CFPB-2012-0007 https://www.govinfo.gov/app/details/FR-2012-02-28/2012-4576 https://www.govinfo.gov/content/pkg/FR-2012-02-28/html/2012-4576.htm https://www.govinfo.gov/content/pkg/FR-2012-02-28/pdf/2012-4576.pdf 4 p. 12031 12034 77 FR 12031 Impacts of Overdraft Programs on Consumers; Federal Register Vol. 77, Issue NOTICE 2012-4576 BUREAU OF CONSUMER FINANCIAL PROTECTION 2012-04-30 Docket No. CFPB-2012-0007 4810-AM-P 2012-4576 Notice and request for information.

Title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203 (the Dodd-Frank Act), charges the Bureau of Consumer Financial Protection (the CFPB or the Bureau) with regulating "the offering and provision of consumer financial products or services under the Federal consumer financial laws." \1\ Specifically, the Dodd-Frank Act grants regulatory authority to the Bureau for the Electronic Funds Transfer Act,\2\ except with respect to section 920 of that Act, and the Truth in Savings Act,\3\ which taken together, in part, govern consumer transaction accounts. Accordingly, the Bureau is reviewing existing regulations and supervisory guidance issued by various regulators pertaining to the use of overdraft programs by financial institutions. To support this review, the Bureau seeks information from the public on the impact of overdraft programs on consumers. ---------------------------------------------------------------------------

Comments must be received on or before April 30, 2012 to be assured of consideration. For general inquiries, submission process questions or any additional information, please contact Monica Jackson, Office of the Executive Secretary, 202-435-7275. Impacts of Overdraft Programs on Consumers , cfpb_overdraft_comments@cfpb.gov http://bankingblog.celent.com/?p=1261 http://moebs.com/PressReleases/tabid/58/ctl/Details/mid/380/ItemID/199/Default.aspx http://www.aba.com/aba/documents/news/OCCGuidanceLetter8411.pdf http://www.aba.com/aba/documents/news/OverdraftLetter82511.pdf http://www.cbanet.org/news/PRdetail.cfm?ItemNumber=19595 http://www.fdic.gov/bank/anlytical/overdraft/ http://www.fdic.gov/news/news/financial/2010/fil10047a.html http://www.fdic.gov/news/news/financial/2010/fil10081.html http://www.regulations.gov http://www.responsiblelending.org/overdraft-loans/policy-legislation/regulators/CRL-OD-Survey-Brief-final-2-4-25-22.pdf Vol. 77, no. 39 Office of the Federal Register, National Archives and Records Administration 2012-02-28 continuing daily deposited born digital 430 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2012-02-28 P0b002ee181f3d0ca 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr28fe12 https://www.govinfo.gov/app/details/FR-2012-02-28 https://www.govinfo.gov/content/pkg/FR-2012-02-28/pdf/FR-2012-02-28.pdf https://www.govinfo.gov/content/pkg/FR-2012-02-28/xml/FR-2012-02-28.xml fdlp 11737 12155 DGPO 2012-02-27 2024-06-03 FR-2012-02-28 machine generated eng FR FR-2012-02-28 77 39