Description
Reviews the fundamental requirements of Regulation D and the types of accounts defined in the regulation, as well as the limits on transfer activity from savings and money market deposit accounts.
What You’ll Learn
After completing this course, students will be able to:
- Describe the purpose of Regulation D
- Identify the key Regulation D requirements for transaction accounts
- Explain the restrictions on savings accounts
- Describe the requirements and withdrawal penalties for time deposits
Audience
Compliance and risk management professionals including compliance managers, officers, and other team members whose primary role is within the compliance function at their financial institution; bank examiners, bank regulators, and auditors.
Course Credits
ABA Professional Certifications: 0.75 CRCM, CERP, CSOP
ABA Certificates: This course applies to the ABA Certificate in Deposit Compliance.
Your Instructor
Nicole Rhoades, CRCM, CAMS
Compliance Manager
FirstBank Holding Company
Nicole is an experienced regulatory compliance professional with more than 23 years in the financial services industry. She has over ten years of experience in the areas of compliance, anti-money laundering, and audit at a mid-sized bank in Colorado. Prior to working in compliance, Nicole served as a training specialist for seven years where she created and delivered training on operations and compliance.
Nicole has held the designation of Certified Regulatory Compliance Manager (CRCM) since 2013. She also holds the designation of Certified Anti-Money Laundering Specialist and is a member of the Association of Certified Anti-Money Laundering Specialists.
Nicole has served on the ABA Compliance Schools Advisory Board and has been a faculty member for the ABA Compliance Schools since 2016.
Course Updates
Re-Versioned: June 2021
