Answer:
by David Dickinson: No. Refer to the definition of "account" in §229.2(a). However, some states have laws, similar to Reg CC, that do apply to savings accounts.
Answer:
by John Burnett: Massachusetts, for example, has a law that adopts the EFAA and Regulation CC as state law and makes them applicable to savings accounts, MMDAs.
Answer:
by Jim Bedsole: And some institutions voluntarily adopt Reg CC for Savings Accounts by virtue of a policy statement that says they will apply Reg CC to all deposit accounts.
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