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Reg CC on an Inactive Account

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Question: 
Does Reg CC say anything about an inactive account? Our customer has not had any activity in his account since April 2021, and he keeps a small balance in his account. Are there any Reg CC issues here due to inactivity?
Answer: 

Regulation CC doesn't make reference to inactive accounts. Its focus is on accounts with deposit activity, which are generally not inactive.

First published on 10/23/2022

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