When you think of deposit compliance, one regulation that quickly springs to mind is Regulation E. Not only is it VERY consumer friendly but it has been a hot button for examiners the last several years. During the Forum, we will answer your burning questions about Regulation E such as:
Is a mobile device considered an access device?
Jerod gives the answer in the video.
Some other questions we’ve already received and will provide answers to include:
If we have a 5-month CD that converts to a 6-month term at renewal, do we need to disclose the new term on the maturity notice?
What is the expectation for provisional credit on an Electronic Fund Transfer (EFT) error, when the consumer has closed all accounts?
See you there!!
Published
2024/04/22