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#2300846 - 08/23/24 07:05 PM Reg CC - Aggregate Deposits Include to CD?
TryingtoComply Online
Diamond Poster
Joined: Apr 2013
Posts: 2,306
The West
We are working on some Reg CC training materials and I want to be sure to make things clearly understood. We all know that Reg CC does not apply to CD accounts, but when it comes to aggregate deposits, should we include/exclude deposits to CDs?
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TryingToComply
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Deposits and Payments
#2301128 - 08/30/24 05:01 PM Re: Reg CC - Aggregate Deposits Include to CD? TryingtoComply
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 85,239
Galveston, TX
You can aggregate deposits made into multiple "accounts". For hold purposes, "account" is defined as a transaction account.
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