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: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to identify the disclosures for Regulation DD mandates deposit accounts to disclose to clients.
* You will be able to evaluate the fees associated with Regulation DD.
* You will be able to discuss compliance requirements and determine annual percentage yield.
* You will be able to integrate disclosures from presentation into realworld scenarios.