We are in the process of moonlighting certain checking accounts. We will allow those that are in existing accounts to remain unchanged, however we will not allow them to open new accounts for the moonlighted products (unless there is a reason to replace an account, ie: Fraud).

Do we need to give advance 30 day notice saying we will no longer be offering these accounts as "new accounts" after a certain date?


At some point, we will require conversion over to a new product for certain accounts - for which we plan to start giving notice at least 60 days out.

Reg DD change in terms only applies to accounts that are open. There is no requirement to advertise the cessation of a product to those who don’t have it.