HARRISBURG, Pa.(4/11/11)--The Pennsylvania Credit Union Association has renewed its agreement with John M. Floyd & Associates (JMFA) to be the association’s preferred provider for overdraft privilege services. Corinne Sherman, association vice president for fee services, said JMFA’s expertise in regulatory compliance and its experience in providing performance and profitability programs and services were the determining factors in the decision to renew the agreement. “In today’s environment, Pennsylvania credit unions must be able to offer affordable products and services to their members while maintaining awareness of regulatory expectations and consumer protection,” she said. “JMFA recognizes this and has built a reputation of providing a 100% compliance-guaranteed program, along with excellent customer service and support that its clients can depend upon each and every day.” JMFA Overdraft Privilege is an automated, fully compliant overdraft solution designed to increase credit union non-interest income and reduce staff time spent handling and processing insufficient-fund items. Also, the program provides credit union members with a safety net that covers their transactions if they overdraw their accounts.