Recent Q&As - June 2020 | NAFCU

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In This Issue

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Question – Are saving deposit accounts subject to Regulation CC after the recent Regulation D changes which took away the six-transaction limitation?

Question – Can a federal credit union (FCU) extend its 60-day overdraft charge off requirement while members who have applied for unemployment benefits due to COVID-19 wait to receive them?

Originally appeared in NAFCU's June 2020 Compliance Monitor.

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