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Countdown to Reg CC Rule Changes Effective July 1, 2020

Apr 21 2:00 PM - Apr 21, 2020 3:30 PM
Apr 21, 2020 2:00 PM - 3:30 PM

Reg CC changes become effective July 1. Implementation requires system updates,disclosure changes, and staff training. Attend this session for smooth implementation and a treasure-trove of tools.

Learning Objectives

  • Understand the significant changes to hold dollar amounts on deposit accounts
  • Update Reg CC policy and procedures to reflect recent rule changes
  • Calculate holds for example scenarios using the new dollar amounts
  • Implement amendments to the Economic Growth, Regulatory Relief, and Consumer Protection Act
  • Prepare for future adjustments to Reg CC dollar amounts effective July 1, 2020, July1, 2025, and July 1 of every fifth year after 2025

The July 1, 2020, launch date for Reg CC rule changes is fast approaching. Last year the CFPB and the Federal Reserve Board jointly published Reg CC amendments that adjust for inflation the dollar amounts that depository institutions must make available to accountholders. Have your systems been updated? Disclosures changed? Staff trained?This jam-packed session will prepare you for these changes and provide a toolkit of charts and examples to make implementation smooth sailing. 

Agenda

Speakers

Dawn Kincaid, Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University. She has 19 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.

Location

Fees

$259.00 

Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Compliance