TISA – Are business accounts Covered by TISA?

Compliance > Regulation DD - TISA
Q:  Are business accounts Covered by TISA?
 
A:     No.  The Truth in Savings Act covers accounts that are held by or offered to a consumer or member.  This is supported by regulatory definitions for “Account,” as well as “Consumer” and “Member” as included in the appropriate regulation linked below.
 
 
 
ADDITIONAL INFORMATION
 
 
 

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