Truth in Savings Act (Regulation DD): Federal regulation requiring disclosure of account terms, interest rates, and fees. Mandates interest calculation methods and regulates deposit account advertising.
Electronic Fund Transfer Act (Regulation E): Federal regulation governing electronic transactions, error resolution procedures, and liability limits for unauthorized transfers.
Bank Secrecy Act (BSA) and AML Requirements: Federal regulations covering customer identification requirements, reporting obligations, and record-keeping requirements for anti-money laundering compliance.
Federal Deposit Insurance Act: Federal regulation governing FDIC insurance coverage and related disclosure requirements for deposit accounts.
Federal Reserve Regulation D: Federal regulation establishing transaction limits on savings accounts and providing official definition of savings deposits.
Gramm-Leach-Bliley Act: Federal privacy law establishing requirements for protecting customer information and mandating privacy notice requirements.
State Banking Regulations: Various state-specific banking regulations that may impose additional requirements on savings account agreements.
State Consumer Protection Laws: State-specific laws designed to protect consumers in banking relationships and transactions.
State Disclosure Requirements: State-specific requirements for disclosures in banking agreements and communications.
State Privacy Laws: State-specific privacy regulations that may impose additional requirements beyond federal standards.
State Abandoned Property Laws: State-specific regulations governing the treatment of dormant accounts and unclaimed property.
