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Truth in Savings Act (Reg DD) - American Bankers Association Truth in Savings Act (Reg DD) TISA was designed to enable consumers to make informed decisions about bank accounts It requires banks to provide to consumers disclosures about terms and costs of deposit accounts and imposes requirements for deposit account advertisements
Truth in Savings (Reg DD) for Compliance Professionals 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
Compliance - American Bankers Association Compliance We know your commitment to compliance goes beyond simply passing an exam; it’s about your institution’s performance and long-term sustainability ABA offers the information and resources you need to stay on top of regulatory changes and expectations and help your bank succeed
BANK TERMS GLOSSARY - American Bankers Association American Bankers Association ABA is the voice of the nation’s $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2 1 million people, safeguard $19 7 trillion in deposits and extend $13 1 trillion in loans
ABA Compliance School – Foundation The mission of the Foundational Compliance School is to provide the fundamental knowledge and training necessary for professionals working in bank compliance The school focuses on comprehensive instruction in core federal banking laws and regulations Courses are designed to furnish a basic, technical foundation so that students are able to develop and maintain an effective compliance program
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF MISSISSIPPI NORTHERN . . . 6 Discretionary overdraft services, however, are not unregulated See (Compl ¶ 5 ) They are regulated under Regulation DD, implementing the Truth in Savings Act (“TISA”), and Regulation E, implementing the Electronic Fund Transfer Act (“EFTA”), the latter which requires that a consumer opt into one-time debit card and ATM transactions The Board chose to regulate these services