Answer:
Reg CC covers all demand deposit and NOW accounts including lawyer's trust. There is no regulatory prohibition to exercising the bank's right to place holds on check deposits.
First published on BankersOnline.com 6/11/12
Reg CC covers all demand deposit and NOW accounts including lawyer's trust. There is no regulatory prohibition to exercising the bank's right to place holds on check deposits.
First published on BankersOnline.com 6/11/12