Regulation CC is the regulation governing the availability of funds for transaction accounts and the holds which financial institutions can place on checks. This regulation was passed in 1988 and continues to be one of the toughest compliance problems in financial institutions around the country. There are many questions, such as can we place a hold on a cashier’s check? How many days can we hold checks on a new account? Does this apply to business accounts? Do we have to give the hold while the member is there or can we mail it later? These questions will all be addressed in this informative and easy to follow webinar for the frontline.
Who Should Attend
This webinar will benefit all tellers, teller managers, cashiers, member service representatives, back of credit union operations, branch managers and compliance officers.