course
Regulation DD: Truth in Savings Act
Learn about the purpose and importance of accurate disclosures.
Bankers Academy
Updated Apr 30, 2024
What you'll learn
- The purpose and importance of accurate disclosures.
- Which disclosures are specifically required under the Truth in Savings Act.
- The definition of terms such as the "Annual Percentage Yield" and "interest rate."
Course Description
This course will introduce the learner to Regulation D and the ways in which it administers the Truth in Savings Act. The course will discuss how Regulation D expects institutions to accurately and uniformly disclose the terms for deposit products and advertise these products honestly.
