RegTraC Level 1 Compliance Training Kit (Modules 1-5)

Designed for non-compliance staff and anyone interested in a general discussion of the regulations.

Compliance Training Kit includes:

Deposit Account Regulations (Module 1)

• Reg CC - Expedited Funds Availability and Collection of Checks
• Reg D - Reserve Requirements
• Truth in Savings - NCUA Part 707
• Reg E - Electronic Fund Transfers
• Reg J and UCC Article 4A
• UCC Articles 3 & 4 - Law of Checking Accounts

General Operations Regulations (Module 2)

• Bank Secrecy Act
• OFAC - Office of Foreign Assets COntrol
• Right to Financial Privacy Act
• Bank Bribery Act
• IRS Information Reporting and Withholding Requirements
• ESIGN - Electronic Signatures in Global and National Commerce Act
• NCUA Privacy Regulation

Consumer Lending Regulations (Module 3)

• UCC Article 9
• Fair Debt Collection Practices Act
• Business Lending Regulations
• Fair Credit Reporting Act
• NCUA Lending Regulations
• Reg B - Equal Credit Opportunity Act
• Servicemembers' Civil Relief Act
• Reg Z - Truth in Lending

Mortgage Lending Regulations (Module 4)

• Flood Disaster Protection Act
• Homeowner's Protection Act
• RESPA - Real Estate Settlement Procedures Act
• Reg C - Home Mortgage Disclosure Act
• Fair Housing Act
• Secondary Mortgage Markets

NCUA Requirements and Guidance (Module 5)

• NCUA Overview
• Federal Share Insurance Rules
• Management Issues
• Field of Membership Rules
• Supervisory Committee Duties
• CUSOs

Please note: Each module comes in its own binder and included will be five scannable answer sheets. Students who successfully complete all five module exams receive the Compliance Achievement Award.