Protect Your Financial Institution from ATM Fee Reg E Lawsuits
Lawsuits against financial institutions for not properly displaying ATM surcharge-fee disclosure stickers are on the rise.
Over the past two years, federal lawsuits have been filed in 16 states against banks and credit unions for violating the Electronics Transfer Act and Regulation E. According to CUNA Mutual, 44 lawsuits have been filed against credit unions alone in the last 18 months.
The Electronics Transfer Act, passed by Congress in 1978 to establish consumer rights and liabilities, and implemented by Regulation E through the Federal Reserve Board, requires ATM operators to provide a fee notice on the external facing of the ATM and the ATM screen.
Learn Steps to Protect Your Financial Institution by downloading this brochure from GetBranded.com
Top results from GetBranded.com
ATM Audio Braille Decals Available, Starting at $4.00
ATM Branding Helps Summit Credit Union Increase Visibility Protect Your Financial Institution from ATM Fee Reg E Lawsuits
Branding Helps ATMs Stand Out in Marketplace GetBranded.com Price list for ATM wraps and decals Top results from Bank / Credit Union
ATM Software: Trends Analysis for 2007-2008 5 Ways to Use Video for In-Store Performance Nautilus Hyosung Monimax 7600T Three Benefits of Joining a Surcharge-free ATM Network 10 Steps Toward Better Black Box Testing 