Regulation DD: Truth In Savings Act Compliance and Requirements (OnDemand Webinar)

$149.00

SKU: 410087EAU

Description

Understand the opportunities available for banks to embrace new products and services, while staying compliant.The Truth in Savings Act (TISA), and its implementing regulation, Regulation DD, apply to all banks. Regulation DD requires banks to provide disclosures enabling consumers to make informed decisions about their deposit accounts. The disclosures aid comparison shopping by informing consumers about the fees, annual percentage yield, interest rate, and other terms for deposit accounts. This webinar will provide an overview of the Regulation DD disclosure requirements and provide details on compliance. Attendees will improve their understanding of Regulation DD, including what disclosures are required when they must be provided, and how to calculate the annual percentage yield.

Date: 2023-12-14 Start Time: End Time:

Learning Objectives

Purpose of Regulation Dd and Scope of Coverage

Account Opening Disclosures: Timing and Contents

Subsequent Disclosures and Adverse Effects

Payment of Interest

Calculation of Annual Percentage Yield

Advertising Rules

Deposit Broker Issues

Record Retention Requirements

Overdraft Disclosures

Casey Jennings-Seward & Kissel LLP