Regulation CC: Funds Availability (Deposits and Holds)


Presented by: John Burnett
Add CD-ROM to Cart:

(Product will be shipped via USPS)


This CD ROM will be available after April 1, 2021.

Funds Availability Policy disclosures. Next-day availability. Banking days, Business Days. New account, case-by-case, and exception holds. Hold notices. Definitions from (a) to (hhh). A regulation with provisions that have been outdated and unnecessary since 2010! Is it any wonder that bankers hate Regulation CC?

Yet you still need to know your bank's Funds Availability Disclosures are correct, and that new accounts are correctly identified. You need to know that the holds the bank places on customer deposits are within the limits in the rules, and that depositors are correctly notified of those holds.

This 90-minute webinar will focus on what you need to know to help keep your bank in compliance with the Funds Availability and Disclosure requirements of Regulation CC, avoiding all the "trash" in the regulation that can, and should, be ignored.

WHO SHOULD ATTEND: Compliance and auditing staff, teller supervisors, new accounts personnel, deposit operations

About the Speaker: John Burnett joined Glia Group, Inc., and BankersOnline in 2004, and currently serves as Executive Editor. He is a 1990 honors graduate of the Stonier Graduate School of Banking and is an alumnus of the ABA National Compliance School, where he served on the faculty for several years.

John began his banking career in high school when he started as a teller at a $15 million bank that didn't have account numbers for its checking accounts (he says they actually filed by signature!) He joined Cape Cod Bank and Trust Company in 1971 and assumed the position of Compliance Officer in 1976. He also served as corporate secretary and secretary of CCBT's Board of Directors, as well as Clerk of the bank's holding company.

He was a member and Chair of the Massachusetts Bankers Association Legal and Regulatory Compliance Committee, and a member of the American Bankers Association Compliance Executive Committee and NCS/NGCS Advisory Board. He is a regular presenter of BOL Learning Connect webinars and a presenter at BOL Conferences events. As a BOL Guru, John assists bankers handle common and uncommon compliance challenges on the site and its paid subscription service,

This program was recorded in its entirety in March 2021. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.

Add to Cart:

  • Model: cd_regcc0321
  • Manufactured by: Glia Group, Inc.

This product was added to our catalog on Thursday 28 January, 2021.

Copyright © 2022