Mastering Compliance with the Truth in Savings Act (TISA) - NCUA Part 707
Event Details
RELEASE DATE: SEPTEMBER 15, 2025
ANTICIPATED DURATION: 60 MINUTES
Join us for this webinar on Compliance with the Truth in Savings Act (TISA) under NCUA Part 707. This regulation plays a crucial role in ensuring credit unions provide clear, accurate, and transparent information regarding deposit accounts, helping consumers make informed decisions and avoid misunderstandings.
This session will cover the essential elements of the Truth in Savings Act, including the required disclosures, advertising rules, and annual reporting obligations. Whether you are a credit union compliance officer, legal professional, or banking services manager, this webinar will help you stay on top of your TISA obligations and reduce the risk of non-compliance.
Key topics include:
- An overview of the Truth in Savings Act (TISA) and NCUA Part 707
- Detailed requirements for disclosures on deposit accounts, including annual percentage yields (APYs), fees, and terms
- Advertising rules: What’s required and what’s prohibited
- The role of periodic statements and required disclosures for specific types of accounts (e.g., savings, checking, certificates of deposit)
- Best practices for accurate reporting and avoiding common compliance mistakes
- Penalties for non-compliance and strategies to ensure ongoing adherence to TISA regulations
Our ViClarity expert will guide you through the complex landscape of TISA, providing actionable insights and practical steps to enhance your compliance program. You’ll leave with a solid understanding of your obligations and how to implement them effectively within your credit union.
This training may assist your credit union in meeting the recommendations and requirements noted in the following citation:
SUBJECT MATTER EXPERT:
Crystal Streeper has over 15 years of experience in the financial industry, specializing in credit union operations, lending, and compliance. Currently a Compliance officer with ViClarity, Crystal provides state and regulatory compliance assistance and training to our affiliated credit union leagues and partners with various credit unions nationwide.
ViClarity (formerly PolicyWorks) serves credit unions by assisting them in maintaining regulatory compliance, soundness, and overall strength. With its comprehensive features in technology, compliance, audit, and risk management, ViClarity is a pivotal resource for credit unions seeking excellence in their operations.
Delivery Method: This is an on-demand e-learning program requiring learners to interact and actively engage throughout the training.
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