Reserve Requirements for Depository Institutions (Reg D)
Course Number: ABA
Course Code: ABA
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
Audience: Call Center Representatives, Customer Service Representatives and Tellers who interact with clients over the phone on a daily basis.