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#2285176 - 06/01/23 04:31 PM Reg D
chrise Offline
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Joined: Jan 2019
Posts: 15
Is a bank still required to disclose requirement that a depository institution reserve the right to require seven days’ written notice of a withdrawal for a savings account money market?

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Deposits and Payments
#2285177 - 06/01/23 04:43 PM Re: Reg D chrise
rlcarey Online
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Joined: Jul 2001
Posts: 82,125
Galveston, TX
If you want to continue to classify them as a savings deposit under Regulation D rather than a demand deposit, yes.
The opinions expressed here should not be construed to be those of my employer:

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#2285262 - 06/05/23 08:27 PM Re: Reg D chrise
John Burnett Offline
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John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Ditto on a NOW account (if your bank still offers them).
John S. Burnett
Fighting for Compliance since 1976
Bankers' Threads User #8

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