Deposit Reg Series: Regulation DD – Truth in Savings Act
Reg DD is the “right-to-shop” regulation. It helps consumers compare products from one institution to another. Do you know what processes are covered and what information must be provided to consumers? Get the lowdown on this important rule with this factual, easy-to-follow webinar.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Know who and what is covered under Regulation DD
- Explain how interest is calculated and paid
- Review APY calculations
- Follow the requirements for changing an account
- Dissect disclosures
- Understand account closures
WEBINAR DETAILS
Regulation DD is the first stab at deposit fairness in the financial industry. It governs the payment of interest and disclosures of products, fees, interest, and APY for consumer accounts. This right-to-shop regulation enables consumers to compare products fairly from institution to institution. Learn about new account disclosures, change-in-terms disclosures, calculation and payment of interest, and overdraft requirements.
WHO SHOULD ATTEND?
This informative session is designed for compliance officers, compliance staff, deposit operations professionals, trainers, and branch staff.
