Online Courses Financial Compliance General Financial Regulatory Compliance Truth in Savings Act: Regulation DD Part 1

Truth in Savings Act: Regulation DD Part 1

Created by: HSI - Health & Safety Institute Top Author

2,099 views Prime

Last Updated 11/2022

English

Full Lifetime Access

Finish in
12 min! Run Time

Made for for
Employees
only

No Certificate
Provided

What you'll learn

Apply the uniform deposit account disclosures Regulation DD requires

Explain how the Truth in Savings Act helps consumers compare accounts

Provide account disclosures at the correct time and in the correct form

Skills covered in this course

banking Compliance finance financial financial compliance HSI-ej4

FAQs

Description

Regulation DD implements the Truth in Savings Act, which helps consumers compare deposit accounts through uniform disclosures.

What this course covers:

Why Congress passed the Truth in Savings Act
The account disclosures Regulation DD requires
How disclosures let consumers compare institutions
How the rule supports informed deposit decisions

Built for deposit and compliance staff who prepare account disclosures.

System Requirements

See System Requirements in the Coggno Knowledge Base

Author

HSI - Health & Safety Institute

1960 Courses

Making the Workplace Safer and Smarter

HSI (Health & Safety Institute) is a recognized leader in Environmental, Health and Safety (EHS) and workforce development software, training, and compliance solutions.

HSI is your single-source partner for EHS, Compliance, and Professional Development solutions. HSI provides integrated e-learning content, training solutions, and cloud-based software designed to enable your business to improve safety, operations, and employee development. Across all industries, we help safety and technical managers, human resources, first responders, and operational leaders train and develop their workforce, keep workers safe, and meet regulatory and operational compliance requirements. We are a unique partner that offers a suite of cloud-based software solutions including learning management, safety management, chemical SDS management, and more, integrated with our content and training so businesses can not only monitor and manage multiple workflows in one system, but train employees via one partner.

Frequently Asked Questions

The course covers why Congress passed the Truth in Savings Act, explaining that Regulation DD implements the law and helps consumers compare deposit accounts through uniform disclosures across many different institutions offering similar deposit products.

It covers the account disclosures Regulation DD requires, giving deposit and compliance staff the specific content they must prepare for consumer-facing account materials tied to the Truth in Savings Act's comparison-shopping purpose for savers everywhere.

This course covers how disclosures let consumers compare institutions, tying the uniform disclosure requirement back to the Truth in Savings Act's original comparison-shopping purpose for deposit account customers weighing their options across different competing institutions.

It explains how the rule supports informed deposit decisions, built for deposit and compliance staff who prepare account disclosures that consumers rely on when choosing where to open a new deposit account among competing institutions.

Part 1 focuses on the disclosures Regulation DD requires and why Congress passed the Truth in Savings Act, setting up Part 2's later turn to how deposit accounts may be advertised to prospective new consumers.

This course is designed for employees who need to complete Truth in Savings Act: Regulation DD Part 1 training

Yes. This course is designed to meet applicable federal requirements and commonly mandated state standards. Always confirm specific state or industry requirements with your local regulations.

The course takes approximately 12 minutes to complete and can be paused and resumed at any time.

No. This course does not include a certificate of completion.

Yes. You can assign this course to individuals or groups using Coggno’s LMS, or purchase multiple seats for your team.

Yes. This course can be exported for delivery in most learning management systems (SCORM compatible).

Yes. The course is fully self-paced and available 24/7.

Yes. This course includes a knowledge check to reinforce learning and verify completion.

Learners have lifetime access from the date of purchase.

Yes. A preview is available so you can review the course format and content before purchasing.

Yes. Content is reviewed and updated as regulations and best practices change.

Yes. This course is available for free with an active Prime Subscription.

Yes. Refund requests can be submitted within 30 days of purchase.

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Truth in Savings Act: Regulation DD Part 1

What you'll learn

Skills covered in this course

Overview