Aug 14, 2024
Do you know the steps to ensure compliance by the July 1, 2025, effective date? Attend this timely webinar to learn about creating an action plan, revising affected documents, and preparing for a smooth transition.
The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board jointly adjusted dollar amounts for inflation relating to the availability of accountholder funds. These Regulation CC changes include the minimum amount of deposited funds that financial institutions must make available for withdrawal by opening of business on the next day for certain check deposits, as well as the amount of funds deposited by certain checks in a new account that are subject to next-day availability.
By law, the agencies are required to adjust these dollar thresholds every five years by the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The inflation measurement period for this adjustment began in July 2018 and ended in July 2023. Released May 13, 2024, these changes will be effective July 1, 2025. Now is the time to prepare!
August 14, 2024
Webinar begins - 11:00 AM EST
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Understand the new numbers for case-by-case holds, large deposits, and new accounts
Determine when to make changes that are required by July 1, 2025, or before
Prepare staff forms for the new numbers
Know how to revise your disclosures for Regulation CC
Adhere to signage compliance changes
Revise the special rules for new accounts
Adopt an action plan for an easy transition
TAKE-AWAY TOOLKIT:
Regulation CC handbook, including case studies, problems, checklists, and sample language for revisions
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits
Deborah L. Crawford
GETTECHNICAL INC.
WHO SHOULD ATTEND?
This informative session is designed for compliance staff, tellers, teller supervisors, trainers, branch operations, and anyone who works with holds.
Live : $510.00
OnDemand: $510.00
Live + OnDemand: $750.00
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380