Sixty-five credit unions already have signed up for a new Regulation E overdraft opt-in service from PSCU Financial Services, the company said.
Available to members and non-members alike, the CUInitiative service uses PSCU's contact centers in Florida, Michigan and Arizona to offer four solutions aimed at quickly securing member opt-in authorization needed to comply with the Reg E deadlines of July 1 and Aug. 15, the 1,500-member CUSO said.
Credit unions can choose from a series of activities that include customized digital messages, scripted outbound calls that show the credit union's name on caller ID or an IVR phone option that includes an introductory message and toll-free number for members to call to provide opt-in authorization, PSCU said.
