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Wednesday, November 11, 2020

Alert! Impact of Reg D Changes Webinar

Start Date: 5/11/2020 1:00 PM MDT
End Date: 11/11/2020 2:30 PM MST


Organization Name: Independent Bankers of Colorado

Contact:
Tara F. Hunter
Email: thunter@ibcbanks.org
Phone: (303) 832-2000

Alert! Impact of Reg D Changes Webinar
1:00 pm - 2:30 pm MT
 
The COVID-19 pandemic is wreaking financial havoc.  More than ever, accountholders need access to all their available cash.  The Federal Reserve Board has created an interim rule to suspend the limit on savings withdrawals.  Learn about the impact and implementation of Reg D changes.
 
DURING THIS WEBINAR YOU’LL LEARN ABOUT:

  • Step-by-step implementation changes
  • Notice to accountholders
  • System changes
  • Charges and fees
  • Truth in Savings disclosures
  • Which reports will change
WEBINAR DETAILS
During the coronavirus pandemic, savings account access is more urgent than ever.  The Federal Reserve Board recently announced an interim final rule to amend Regulation D (Reserve Requirements of Depository Institutions).  The change eliminates the six-per-month limit on convenient transfers from "savings deposit" accounts.  The rule allows depository institutions to immediately suspend enforcement of the six-transfer limit and allow accountholders to make an unlimited number of convenient transfers and withdrawals from their savings. 
 
The regulatory limit in Regulation D was the basis for distinguishing between reservable "transaction accounts" and non-reservable "savings deposits."  The Board's recent action reducing all reserve requirement ratios to zero has rendered this distinction moot.  Concurrently, the Federal Reserve is making temporary revisions to the FR 2900 series, FR Y-9, and FR 2886b reports to reflect the amendments to Regulation D.  Join us to learn how to comply with Reg D changes.
 
WHO SHOULD ATTEND?
This timely program will benefit compliance officers, deposit operations staff, systems and IT personnel, trainers, and all branch staff.
 
TAKE-AWAY TOOLKIT
  • Employee training log
 
DON’T MISS THESE RELATED WEBINARS!
Annual Training for the Branch: BSA, Identity Theft & Regs CC, D, E & DD
Wednesday, July 8, 2020
 
  MEET THE PRESENTER
  Deborah L. Crawford, Gettechnical Inc
Deborah Crawford is the President of Gettechnical Inc., a Baton Rouge-based firm, specializing in the education of financial institutions across the nation. Her 30+ years of experience began at Hibernia National Bank in New Orleans.  She graduated from Louisiana State University with both her bachelor’s and master’s degrees. Debbie specializes in the education of financial institution employees and officers in the areas of deposit account laws, new account documentation, insurance, complex compliance regulations, and IRAs.






THREE REGISTRATION OPTIONS – WHAT YOU GET
1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. Recorded Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
 3. Purchase the BOTH Option to receive all the benefits listed above!