This course introduces Reg DD and the Truth in Savings Act (TISA), which govern a financial institution's presentation of deposit accounts to consumers.

The regulation covers everything from marketing a deposit account to disclosures when accounts are opened or changed-the entire life cycle of the account.

Disclosures include fees for deposit accounts, interest rates, annual percentage yields, and other account terms that are required by the regulation.What You'll Learn:After completing this course, students will be able to:

• Explain the purpose of TISA and its amendments and identify the types of institutions and accounts covered under Reg DD
  
• Describe general disclosure requirements under Reg DD
  
• Describe specific account disclosure requirements under Reg DD, including timing of delivery
  
• Explain Reg DD disclosure requirements relating to periodic statements and payment of interest
  
• Describe additional disclosure requirements for overdraft services
  
• Describe advertising requirements and records retention requirements under Reg DD

You have 6 months to complete the course and gain your printable certificate. Course Length: 1 hour