Regulators are concerned financial institutions may bere-ordering the posting of transactions to maximize overdraft income, according to an email from Symitar tocustomers obtained on Tuesday by Credit Union Times.

“Recently, we have learned that regulators have voiced someconcerns about the policies and procedures of some financialinstitutions regarding overdraft fees. Regulators seem to beconcerned that some financial institutions may be re-ordering theposting of transactions to maximize the number of overdraft feesthey can charge,” the email said.

Credit unions on the widely used Episys core processing platform that claim to post share draftsin the order they are received are wrong, according to theemail.