Reg B
The intent of Reg B is to protect consumers from discrimination, particularly on this side of banking.
Lending / Extension of Credit
This is an example of just one depository item that must be made available the next business day.
Cash, Gov't Checks, Money Orders, Cashier's Checks, Treasury Checks, etc.
Reg DD is more commonly referred to by this phrase.
Truth in Savings / Truth in Savings Act
Most Reg E claims are the result of this being lost or stolen.
Debit Card
This genre of Jamaican music could be considered a homophone for the "first" banking regulation.
Reggae
Reg B also dictates that banks must communicate a consumer loan decision within this many days.
30 days
The number of days you can place an exception hold for a new account.
9 Days
This is the only appropriate way to quote the interest rate on a CD or Savings product.
APY (Annual Percentage Yield)
Reg E covers fraudulent EFT's, which stands for this.
Electronic Funds Transfer(s)
The unfortunate way that many birds feed their young.
Regurgitate
Also a term for lowering someone's confidence, Reg B prohibits this "D" word defined as steering people away from certain products that the lender deems inappropriate prematurely.
Discouragement
We often do not have to place a hold on a check if the customer has this two-word phrase.
"Matching Funds"
These are the only types of deposit account to NOT receive Reg DD disclosures.
Business Accounts
When this happens, the "time clock" on a Reg E claim starts.
The bank is made aware / notified
Of, related to, or suitable for royalty. Of notable excellence or magnificence.
Regal / Regality / Regally
Denying an application solely because the applicant is 18 years old is an overt example of this.
Discrimination
This is the dollar amounts that constitutes a "large deposit" exception hold as of today.
$6,725
Variants of these need to be disclosed at account opening. Examples include duplicate keys and new debit cards.
Fees
A customer has this many days to make a Reg E claim from the date of the transaction.
60 Days
Starfish are often known for the ability to do this if one of their limbs are severed.
Regenerate / Regrow
If a policy affects everyone the same way, but the parameters of said policy affect a specific group much more than others, it is called this two word phase.
Disparate Impact
This is just one of the two qualifiers to place a "repeat overdraft" exception hold.
Overdrawn for 6+ business days in past 6 months
OR
Overdrawn by $6,725 for 2+ business days in past 6 months
If a gift/bonus is given at account opening, the bank needs to issue a 1099 if it exceeds this amount.
$10.00
If a customer notifies the bank within 2 days of losing their card, their liability is limited to this much.
$50
A neutral signoff on a letter, or an aspect to be taken into consideration.
Regards