Description

Covers Regulation D, the federal banking rule that affects how banks are able to classify certain types of bank accounts. Defines transaction, savings and time deposit accounts, and includes the restrictions on NOW account eligibility.
What You’ll Learn
After completing this course, students will be able to:

Explain the concept of reserve deposits

Identify key Regulation D requirements for demand deposit accounts and NOW accounts

Explain the historical, now optional, transaction limitation on savings accounts

Describe key Regulation D requirements for time deposit accounts

Additional information

Audience	Call Center Representatives, Customer Service Representatives and Tellers who interact with clients over the phone on a daily basis.
Credits	1.0 CRCM, CSOP
Member Price	55.00
Non-Member Price	75.00
Course Number	ABA
Location	Online Self-Paced
Vendor	ABA
Course Code	ABA
Prerequisites	None
Day	Online