Revisiting Reg CC Policies, Disclosures &
Notices for Rule Changes Effective July 1, 2020
(90-minute webinar – recording also available)
Monday, December 9, 2019
12:00 PM Pacific 1:00 PM Mountain
2:00 PM Central 3:00 PM Eastern
The new Reg CC changes adjust the funds that must be made available to accountholders for inflation. Are you ready?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Review sample Reg CC policy language incorporating the recent changes
- Comply with the components of required notices to consumers
- Assimilate the explanation and examples of when to use exceptions and case-by-case holds
- Provide an overview of warranties, indemnities, and consumer notifications required during the check collections and returns processes
- Identify elements of substitute checks – disclosures, provisions, and warranties
- Audit your Reg CC process before the next examination
For years, all was quiet with Reg CC. But in 2018, the returns and collections processes were changed. On June 24, 2019, the CFPB and Federal Reserve Board jointly published amendments effective July 1, 2020. The changes adjust the funds depository institutions must make available to accountholders for inflation. Has your policy been updated to incorporate the recent rule, definition, and limit changes? Are your disclosures up-to-date? Do your notices contain all the appropriate language? This jam-packed session will review each of these documents section-by-section and line-by-line to ensure you’re prepared for your next audit or exam.
WHO SHOULD ATTEND?
This informative session is designed for new accounts personnel, deposit operations staff, branch managers, auditors, and compliance officers.
- Sample Reg CC policy
- Sample Reg CC procedures
- Funds availability schedule reference chart (updated for July 2020)
- Reg CC changes implementation action plan
- Employee training log
- Interactive quiz
DON’T MISS THIS RELATED WEBINAR!
Recent Reg CC Changes: Deadlines, Details, Compliance
on Monday, August 12, 2019
MEET THE PRESENTER
Dawn Kincaid, Brode Consulting Services, Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has 17 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.
Please note: The live webinar option allows you to have one internet connection (from a single computer terminal). You may have as many people as you like listen and watch from your office computer.
THREE REGISTRATION OPTIONS
Note: All materials are subject to copyright. Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.
- LIVE WEBINAR
The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that allows entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast. You will need the most current version of Adobe Reader available free at www.adobe.com.
- RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.
The recorded webinar may ONLY be ordered for 6 months following the live webinar. In addition, the download must be completed within 6 months of the live webinar date.
- BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD
Options 1 and 2 described above.
AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE