Reg CC Holds on Savings Accounts
Adam uses this Compliance Clip (video) to explain how Regulation CC holds apply to savings accounts. Specifically, Adam answers the question on how long a next day item (like a cashier’s check or treasury check) can be delayed on a savings account. After a quick deep dive into the applicability of Regulation CC, Adam explains his answer in the geeky detail that only he can deliver in such an exciting manner.