Regulation DD: Truth in Savings Act
course

Regulation DD: Truth in Savings Act

Learn about the purpose and importance of accurate disclosures.

Bankers Academy
Updated Jun 14, 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.