Truth in Savings Act (TISA): Federal regulation requiring disclosure of terms and conditions for deposit accounts, including fees, interest rates, and annual percentage yields.
Federal Deposit Insurance Act: Establishes the FDIC and provides framework for deposit insurance protection and banking regulations.
Bank Secrecy Act: Requires financial institutions to assist government agencies in detecting and preventing money laundering.
Electronic Funds Transfer Act: Establishes rights, liabilities, and responsibilities of participants in electronic fund transfer systems.
Regulation D: Federal Reserve Board regulation establishing reserve requirements for depository institutions and transfer limitations.
UCC Article 4: Uniform Commercial Code provisions governing bank deposits and collections, including check processing and payment systems.
State Banking Laws: Varying state-specific regulations governing banking operations and deposit accounts within each jurisdiction.
CFPB Regulations: Consumer Financial Protection Bureau rules protecting consumers in financial transactions and services.
USA PATRIOT Act: Requires financial institutions to verify customer identity and maintain records for anti-terrorism and anti-money laundering purposes.
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain information-sharing practices and protect sensitive customer data.
Fair Credit Reporting Act: Regulates collection, dissemination, and use of consumer credit information.
Right to Financial Privacy Act: Establishes specific procedures for government access to financial records of individuals and partnerships.
State Privacy Laws: State-specific regulations governing the protection and handling of customer financial information.
State Consumer Protection Laws: State-specific regulations protecting consumers from unfair or deceptive banking practices.
Federal Reserve Board Regulations: Regulations governing interest rates, reserve requirements, and other banking operations aspects.
