Reg CC Update, Review, RDC & Reg D

Compliance Frontline & New Accounts Operations

On-Demand Webinar

StreamedJun 28, 2023Duration90 minutes

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

See Registration Options

When it comes to consumer transactions, Reg CC is queen.

Consumers bring every imaginable type of transaction and/or scenario to their financial institutions. Reg CC governs the lion’s share – and hence is correspondingly complicated. This straightforward webinar will provide the in-depth knowledge you need to get it right every time.

WEBINAR HIGHLIGHTS:

Purpose of the regulations
What is a transaction account?
Availability schedules
Business versus banking days, transaction accounts, and more definitions
How to count days and place holds
Next-day items versus other checks
Case-by-case holds
Exception holds
Hold notices and how to complete them
New accounts exception
Common hold errors
Remote deposit capture liabilities on mobile deposits
Reg D – understanding checking, savings, and time deposits

WEBINAR DETAILS

This webinar will look at the effects of Regulations CC and D on products. Reg CC governs the availability of funds for transaction accounts and check holds. Passed in 1988, it continues to be one of the toughest compliance problems for financial institutions. Can a hold be placed on a cashier’s check? How many days can checks be held on a new account? Does this apply to business accounts? Does the hold have to be given while the accountholder is there, or can it be mailed later? These questions and more will be addressed in this easy-to-follow webinar. It will also look at the proposed changes, including the new disclosure format and new teller hold notices.

WHO SHOULD ATTEND?

This webinar will benefit all tellers, teller managers, cashiers, service representatives, back-of-house operations, branch managers, and compliance officers.

TAKE-AWAY TOOLKIT

Regulation CC handbook
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.