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#1651893 - 01/17/12 10:41 PM Disclosures at "account opening" for OE loans
kb1 Offline
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Joined: Jan 2012
Posts: 6
Can anyone tell me where I might find a model form of the required "account opening" disclosure to the borrower when we initially enter into an open-end plan with the borrower?

I have been out of compliance for about 9 months and have recently been told that this is a new disclosure that we should be using. Any help?

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Lending Compliance
#1651898 - 01/17/12 11:12 PM Re: Disclosures at "account opening" for OE loans kb1
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,368
Galveston, TX
There are multple examples in Appendix G:

http://www.bankersonline.com/regs/226/g226.html
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#1651899 - 01/17/12 10:59 PM Re: Disclosures at "account opening" for OE loans kb1
Doug Hendrickson Offline
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Doug Hendrickson
Joined: Oct 2009
Posts: 3,927
Model forms for the open-end account opening disclosures can be found at:

http://www.bankersonline.com/regs/226/g226.html#g17a

I'm not sure how 'new' they are.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius

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