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§ 1030.2 Definitions. Consumer Financial Protection Bureau

Regulation DD For purposes of this part, the following definitions apply:(a) Account means a deposit account at a depository institution that is held by or offered to a consumer. It includes time, demand, 12 CFR Part 1030 - TRUTH IN SAVINGS (REGULATION DD) 12 CFR Part 1030 - TRUTH IN SAVINGS (REGULATION DD)

Federal Register ::Truth in Savings (Regulation DD)

Dec 21, 2011 · This part, known as Regulation DD, is issued by the Bureau of Consumer Financial Protection to implement the Truth in Savings Act of 1991 (the act), contained in the Federal Deposit Insurance Corporation Improvement Act of 1991 (12 U.S.C. 3201 et seq., Public Law 102-242, 105 Stat. 2236), as amended by Title X, section 1100B of the Dodd-Frank Wall Street Reform and Consumer Part 1030 - Truth in Savings (Regulation DD)Regulation DD applies to all depository institutions, except credit unions, that offer deposit accounts to residents (including resident aliens) of any state as defined in § 1030.2(r). Accounts held in an institution located in a state are covered, even if funds are transferred periodically to a Regulation DD DefinitionRegulation DD is a directive set forth by the Federal Reserve. Regulation DD was enacted to implement the Truth in Savings Act (TISA) that was passed in 1991. This act requires lenders to provide

Regulation DD Truth in Savings - Federal Reserve

Regulation DD applies to all depository institutions, except credit unions, that offer deposit accounts to residents of any state. Branches of foreign institutions located in the United States are subject to Regulation DD if they offer deposit accounts to consumers. Edge Act and agreement corporations, and agencies of foreign institutions, are not Regulation DD definition Glossary CreditCardsRegulation DD. A law that requires depository institutions such as banks, thrifts and savings and loan associations to disclose any fees, interest rates or other charges assessed to deposit accounts. This includes any overdraft or other fees associated with transactions processed through debit cards linked to savings accounts. Regulation-dd Meaning Best 1 Definitions of Regulation-ddRegulation-dd meaning Filters (0) A regulation in the Truth in Savings Act that requires depository institutions to disclose important information about deposit accounts, such as the amount of interest that will be paid, so that consumers can make meaningful comparisons between different accounts.

Truth in Savings

Regulation DD (12 C.F.R. § 1030), which implements the Truth in Savings Act (TISA), became effective in June 1993. An official staff commentary interprets the requirements of Regulation DD (12 C.F.R. § 1030 (Supplement I)). Since then, several amendments have been made to Regulation DD andFDIC Law, Regulations, Related Acts - Consumer Financial This part, known as Regulation DD, is issued by the Bureau of Consumer Financial Protection to implement the Truth in Savings Act of 1991 (the act), contained in the Federal Deposit Insurance Corporation Improvement Act of 1991 (12 U.S.C. 3201 et seq., Public Law 102--242, 105 Stat. 2236), as amended by Title X, section 1100B of the Dodd-Frank Wall Street Reform and Consumer Protection