Why a MANAGED overdraft program matters more post-crisis

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Velocity Solutions Bank Recovery Series Part III

As consumers across the country begin to recover financially, they’ll need overdraft services as a line of defense for when their account doesn’t quite cover purchases or regular household expenses. As a bank, you have to strike a balance between supporting your customers’ short-term liquidity needs while managing the increased risk to your institution. And the most efficient, strategic way to strike the perfect balance is by using a truly managed overdraft program. Learn what makes a truly managed overdraft system and the reasons it is so important for both your insitution and your customers.

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Community banks Overdrafts Consumer lending