Bank Secrecy Act (BSA): Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering, including requirements for reporting cash transactions over $10,000
USA PATRIOT Act: Federal law that establishes customer identification program requirements and enhanced due diligence procedures for financial institutions
Electronic Funds Transfer Act (EFTA): Federal law that provides a basic framework establishing the rights, liabilities, and responsibilities of participants in electronic funds transfer systems
Truth in Savings Act (TISA): Federal law requiring depository institutions to disclose terms and conditions of interest rates and fees associated with deposit accounts
Regulation E: Federal regulation implementing the Electronic Fund Transfer Act, establishing rules for electronic banking services
Regulation CC: Federal regulation implementing the Expedited Funds Availability Act, establishing rules for funds availability and collection of checks
Regulation DD: Federal regulation implementing the Truth in Savings Act, requiring uniform disclosure of terms and conditions of deposit accounts
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive customer data
Fair Credit Reporting Act (FCRA): Federal law regulating the collection, dissemination, and use of consumer credit information
Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in credit transactions based on various protected characteristics
State Banking Regulations: State-specific laws governing banking operations and consumer protection within individual states
E-SIGN Act: Federal law establishing legal validity of electronic signatures and records in commercial transactions
Uniform Commercial Code (UCC) Article 4: State-adopted uniform law governing bank deposits and collections, including check processing and payment systems
FDIC Requirements: Federal deposit insurance regulations and operational requirements for insured financial institutions
CFPB Regulations: Consumer Financial Protection Bureau rules governing consumer financial products and services
Know Your Customer (KYC): Regulatory requirements for verifying customer identity and assessing risk in banking relationships
Anti-Money Laundering (AML): Regulatory framework designed to prevent conversion of illegal proceeds into legitimate assets through financial institutions
