Description
Provides an overview of the Regulation DD (Truth in Savings Act) disclosure requirements for deposit accounts including checking and savings accounts and CDs. Explains the timing and content requirements related to account opening, periodic statement, and change in terms disclosures. Explains how interest must be calculated and special disclosures related to overdrafts.
(Note- Regulation DD’s advertising rules are covered in the Frontline course Truth in Savings for Marketers.)
New Course
