Banking Spectrum

Disclosures

Banking Spectrum’s compliance experts can prepare customized deposit account disclosures for all of your financial institution’s accounts. We will review and amend your current consumer disclosures as necessary due to product, regulatory or legislative changes. Our disclosures comply with the most recent banking laws and regulations and have been favorably reviewed by federal and state examiners. The services include drafting and design, as well as the option of printing, paper-based or electronic formats. An annual updating service is also available.

Banking Spectrum’s Disclosures Include:

Information About Your Deposit Accounts
An informative guide that describes the rules and regulations governing accounts such as Reg CC (Expedited Funds Availability), Reg E (Electronic Fund Transfers), and Reg P (Right to Privacy). It not only explains the accounts offered by your financial institutions, but also acquaints your customers with account terms and conditions, as well as your other financial services.
Specific Truth In Savings (Reg DD) Deposit Account Disclosures (non-exhaustive listing):
- Certificate Loan Demand Note and Disclosure Statement
- Multiple Party Account Disclosure
- Joint Accounts
- Trust Accounts
- UTMA
- Convenience-Only Accounts
- NJ Consumer Checking Accounts
- DDA Savings Accounts
- Holiday Club
- IRA Certificates of Deposit
- Money Market Passbook Accounts
- Regular Checking Accounts
- NOW Accounts
- Business Money Market Accounts
Other Features:
Taxpayer Identification Number Certification Information
Safe Deposit Box Rental Rules and Regulations
Schedule of Bank Fees and Service Charges