Quiz for Back2Basics: Oh, the Disclosures You’ll Make! The Ups and Downs of Regulation DD

1. True or false: Business Accounts are included in Reg DD’s scope

1. What should be included in the disclosures?

1. True or False: Customers should be given disclosures upon request

1. When should bank deliver disclosures if consumers are not present at account opening (i.e. mail in application)?

1. When is advance notice required for Change in Terms?

1. What is the timing for advance notice for a Change In Terms?

1. True or false: Fees of the same type may be grouped together on the periodic statement

1. Which of the following is required if the APY is stated in the advertisement?

9. Member FDIC is not required on which of the following?

1. True or false: Triggering terms for an advertisement on the bank’s website can be one click away