Updated Requirements For Funds Availability (Details Of Regulation CC)
Leading attorney and compliance expert Michael Christians will demystify Regulation CC and detail the latest updates. You will learn when financial institutions must make funds available to depositors and how to use exceptions to these rules effectively to protect your institution.

What You'll Learn

  • When must funds be made available the next day?
  • What are the general availability rules for all types of deposits?
  • How should you use exception holds?
  • What are the initial and subsequent disclosure requirements?
Skip to product information
1 of 1
On-Demand
Option
Regular price $224.00
Regular price Sale price $224.00
Sale Unavailable
View full details

Scheduled for 60 minutes including question and answer period.

INFORMATION
Training Overview

When are deposited funds available? Discover Regulation CC updates for expedited funds availability.

The Expedited Funds Availability Act regulates how financial institutions may use deposit account holds. Implemented by Regulation CC, this law standardizes the length of time banks and credit unions may hold deposited funds.

Effective July 1, 2020, the amounts associated with the next-day availability of deposits and certain exception holds were updated. You need a clear understanding of the current requirements to remain in compliance.

  • When must funds be made available the next day?
  • What are the general availability rules for all types of deposits?
  • How should you use exception holds?
  • What are the initial and subsequent disclosure requirements?
Recommended Audience
Who Should Attend?
  • Tellers
  • New account representatives
  • Back-office personnel
  • Compliance officers
  • Auditors
What's included
Training includes
  • Certificate of Attendance
About

Expert Presenter

Michael R. Christians
  • Principal of Michael Christians Consulting, LLC
  • Assists financial institutions and organizations across the country with ensuring their compliance programs conform to federal laws and regulations
  • Provides counsel relative to current rules, assists with the strategic implementation of upcoming regulatory changes, and offers customized education and training services
  • More than two decades of experience in the financial services industry
  • JD from Drake University Law School
  • Member of the Iowa State Bar