Share accounts, share draft accounts, checking accounts and share certificates
What are the types of accounts covered under Reg DD?
100
Expedited Funds Availability Act or Check Holds
What is Reg CC is also know as?
100
Page 1-7 of the Welcome Guide
Where is the Membership and Account Agreement?
100
The Electronic Funds Transfer Act
What is Reg E also known as?
100
Privacy of Consumer Financial Information
What is Reg P also known as?
200
Before the account is opened or service is provided, or within 10 days of the account opening. When the member asks for information about an account. At least 30 days before changing an account term. Prior to maturity on a CD.
When is the timing of disclosures?
200
Before an account is opened, 30 days before a change is made or when someone asks.
When must discloses be provided?
200
The rights & responsibilites concerning your account and the rights & responsibilities of TLC.
What is covered in the Agreement?
200
Liability of member, telephone number & address of TLC, business days, types of transfers & limitations, fees, documentation, stop payment and liability of TLC
What is included in the initial Reg E disclosure?
200
It is designed to protect individuals from having nonpublic personally identifiable information made available to unauthorized staff and to nonaffiliated 3rd parties without the individual's knowledge. Essentially all the information collected during the new account interview is included.
What is the purpose of our Privacy Policy?
300
The APY, the minimum balance, limitation on the number of transactions to the account, fees and service charges
What must be disclosed on share draft and share savings accounts?
300
Page 8 of the Welcome Guide, at each new accounts desk and anywhere deposits are taken.
Where is the disclosure at?
300
Endorsements, collection of itms, final payment and direct deposit.
What are somethings covered in the deposit of funds requirements section of the agreement?
300
A written notice to the member at least 21 days before the date of any change
When must we give a Change in Terms Disclosure?
300
Initial privacy, annual privacy and revised privacy.
What are the 3 primary types of privacy notice disclosures required under the reg?
400
Maturity date, early withdrawal penalties, renewal policies and how penalities are calculated
What is some information that must be disclosed on CDs?
400
Immediately
When are cash and direct deposits available?
400
Suggest the member read the account agreement at this time.
When they have trouble falling asleep at night.
400
A service under which a finanical institution assesses a fee or charge on an account held by the institution for paying a transaction when the consumer has insufficient or unavailable funds in the account
What does "overdraft service" mean?
400
Categories of information TLC collects, whether we disclose information to 3rd parties and policies & practices about the protection of the confidentiality & security of personal information
What is included in our privacy notice?
500
The APY, amount of dividends, fees imposed and the total number of days in the period or the begining & ending dates or the period
What is on a periodic statement?
500
We believe a check you deposited will not be paid, the checks total more than $5000, you redeposited a check that has been returned unpaid, you have overdrawn your account repeatedly in the last 6 months or there is an emergency.
What are some of the reasons that we can place a hold on a check?
500
Before I open the account
When do I give the member the account agreement packet?
500
Provide the member with the notice in writing or provide a reasonable opportunity for the member to affirmatively consent before assessing fees or charges for paying an ATM or 1-time debit cared related to overdraft services.
What do I do before I Opt-in a member?
500
ChexSystems
What is an example of a 3rd party agency that we exchange information with?