All by Adam Witmer

If you are looking for a Regulation E training that focuses only on the error resolution and consumer liability sections of Regulation E rather than all parts of the rule, this program is for you. Our Regulation E Error Resolutions class helps attendees understand their responsibilities for consumer liability and error resolutions as they relate to Re E. To accomplish this, our program contains four parts: a brief introduction and discussion of a few key definitions; a review of consumer liability provisions of Reg E; a discussion of the error resolution requirements; and a review of a number of CFPB’s FAQs. To see the full curriculum and watch the overview of this program, go to www.compliancecohort.com/reg-e-error-resolutions.

VIDEO: Adverse Action for Declined Counter Offer

In this Compliance Clip (video), Adam discusses the nuances of adverse action notices in the context of declined counteroffers for commercial loans. He explains the regulatory framework under Regulation B and the implications for lenders when an applicant withdraws their application after a counteroffer is declined.

Our Regulation E Bootcamp is currently on sale in our store. Our Regulation E Bootcamp is designed to review the requirements of the Electronic Fund Transfer Act (EFTA), as implemented by Regulation E, including a deep dive into the liability and error resolution rules. The goal of this program is to cover the main elements of Regulation E that would apply to your organization while spending extra time on the areas that have the greatest risk for non-compliance. You can register for this program at www.compliancecohort.com/regulation-e-bootcamp.

Our 2024 FDIC Official Signs & Advertising Final Rule is currently on sale in our store. Our FDIC Advertising Rules class is designed to equip financial professionals with an understanding of the final rule of the new FDIC advertising and how it will affect their banks. The program includes an introduction and background of the FDIC’s official signs and advertising of membership rules, a review of Subpart A of the FDIC final rule in detail, and the elements of Subpart B that changed in the final rule. This new FDIC rule is going to be extremely important for banks to pay attention to as the rule saw several significant updates for current technology and electronic delivery channels. To learn more and register for our 2024 FDIC Official Signs & Advertising Final Rule, go to www.compliancecohort.com/2024-fdic-final-rule.

In case you missed our announcement earlier this week, we are giving away one enrollment to our upcoming Regulation E Bootcamp. Our Regulation E Bootcamp is designed to provide attendees with an overview of the requirements of Regulation E or the Electronic Fund Transfer Act (EFTA), including a deep dive into the liability and error resolution rules of Regulation E. You can learn more about this program at www.compliancecohort.com/regulation-e-bootcamp. To enter for a chance to win one enrollment in our Regulation E Bootcamp, just complete the short entry form at www.compliancecohort.com/entry. All entries must be received by 3/10/25 at 2:59 PM Eastern and the full official contest rules can be found at www.compliancecohort.com/contest.

On 3/3/25, the FDIC announced that it was postponing the compliance date from May 1, 2025 to March 1, 2026 for the requirements under 12 CFR 328.5 related to the display of the FDIC official digital sign on an insured depository institution’s (IDI’s) digital channels, as well as analogous requirements related to IDI’s automated teller machines (ATMs) and like devices under 12 CFR 328.4.