Regulation I Policy
The purpose of this Regulation I Policy Template is to address how a bank, credit union or other type of financial institution adheres to Regulation I – “Disclosure Requirements for Depository Institutions Lacking Federal Deposit Insurance” to ensure the proper disclosure of certain insurance related information in periodic statements, account records, locations where deposits are normally received, and advertising, and that the financial institution obtain a written acknowledgment from depositors regarding the financial institution’s lack of federal deposit insurance.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Disclosures in Periodic Statements and Account Records – Topic 4
- Disclosures in Advertising and on the Premises – Topic 5
- Disclosure Acknowledgement – Topic 6
- Exception for Certain Depository Institutions – Topic 7
- Enforcement – Topic 8
- Audit Policy – Topic 9
- Staff Training – Topic 10
- Retention of Documentation – Topic 11
This Regulation I Policy Template (approximately 5 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
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