How/when do other Bank's that utilize online account opening provide account disclosures BEFORE the account is opened? For example, the Funds Availability Disclosure, EFT Disclosure, Truth In Savings Disclosure. Interested what other Bank's do to meet the regulatory requirements.

Thanks!

Ours are part of the process before the customer completes and submits their application. We require our customers to open each one and electronically acknowledge before completing their app.

Welcome to ESIGN! Any required federal disclosure that must be provided "in writing" must reach the consumer in a timely manner in one of two forms:
1. paper, or
2. ESIGN-enabled electronic documents

Since the whole idea of online account opening is to avoid paper (and the delay caused when the paper must be mailed), then (if not already accomplished) you will need to insert the ESIGN "informed demonstrable consent" process into the stream of clicks leading to a newly opened account.

Pam, are you doing the "E-SIGN dance" before delivering those disclosures electronically? Are you ready for some warmer weather?

Yes John, we dance before delivering. And you bet I am! This weekend should be super nice!