Funds Availability Policy disclosures. Next-day availability. Banking days, Business Days. New account, case-by-case, and exception holds. Hold notices. Definitions from (a) to (hhh). A regulation with provisions that have been outdated and unnecessary since 2010! Is it any wonder that bankers hate Regulation CC?
Yet you still need to know your bank’s Funds Availability Disclosures are correct, and that new accounts are correctly identified. You need to know that the holds the bank places on customer deposits are within the limits in the rules, and that depositors are correctly notified of those holds.
This 90-minute webinar will focus on what you need to know to help keep your bank in compliance with the Funds Availability and Disclosure requirements of Regulation CC, avoiding all the “trash” in the regulation that can, and should, be ignored.
WHO SHOULD ATTEND:
Compliance and auditing staff, teller supervisors, new accounts personnel, deposit operations