Revisiting Reg CC Policies, Disclosures & 
Notices for Rule Changes Effective July 1, 2020
Monday, December 9, 2019
3:00 pm – 4:30 pm Eastern

For years, all was quiet with Reg CC.  But in 2018, the returns and collections processes were changed.  On June 24, 2019, the CFPB and Federal Reserve Board jointly published amendments effective July 1, 2020.  The changes adjust the funds depository institutions must make available to accountholders for inflation.  Has your policy been updated to incorporate the recent rule, definition, and limit changes?  Are your disclosures up-to-date?  Do your notices contain all the appropriate language?  This jam-packed session will review each of these documents section-by-section and line-by-line to ensure you’re prepared for your next audit or exam.

Highlights:

• Review sample Reg CC policy language incorporating the recent changes
  
• Comply with the components of required notices to consumers
  
• Assimilate the explanation and examples of when to use exceptions and case-by-case holds
  
• Provide an overview of warranties, indemnities, and consumer notifications required during the check collections and returns processes
  
• Identify elements of substitute checks – disclosures, provisions, and warranties
  
• Audit your Reg CC process before the next examination

Take-Away Toolkit:

• Sample Reg CC policy
• Sample Reg CC procedures
• Funds availability schedule reference chart (updated for July 2020)
• Reg CC changes implementation action plan
• Employee training log
• Interactive quiz

Who Should Attend?

This informative session is designed for new accounts personnel, deposit operations staff, branch managers, auditors, and compliance officers.

Speaker

Dawn Kincaid, Brode Consulting Services, Inc.

Dawn Kincaid began her banking career while attending The Ohio State University.  She has 17 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance.  Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services.  Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer.  She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.