Placing Reg CC Holds Compliantly & With Confidence: Clarifying the Confusion
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Hold that check! But why and how long? Regulation CC hold requirements were supposed to get easier when every check was deemed “local,” but examiners are still finding weaknesses and violations in processes and forms. This webinar will explain hold requirements, describe an easy-to-implement monitoring and review process, and dissect the required funds availability policy. Reg CC holds are an important way to protect your institution. This webinar will provide the tools and resources to place holds with confidence – and fulfill the annual Reg CC training requirement!
Continuing Education: Attendance verification for CE credits upon request
HIGHLIGHTS
- Examples of when to use the case-by-case and six exception holds
- Procedures to evaluate the accuracy of the hold on the notice and in the system
- Components of required consumer notices
- Substitute check disclosures, provisions, and warranties
- Overview of updates to Subpart B (as available)
- Auditing Reg CC processes before your next examination
- TAKE-AWAY TOOLKIT
- Easy-to-use, color-coded chart to determine the appropriate hold period
- Checklist to review hold accuracy
- Sample substitute check claim form
- Scenarios with answers for staff training
- Sample Reg CC policy
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
WHO SHOULD ATTEND?
This informative session is designed for the frontline, new account personnel, deposit operations staff, auditors, and compliance officers.
Presented By
