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Product Feature, TruthInSavings
Service Charge and Fee Disclosures BCU
340 N. Milwaukee Ave.
Vernon Hills, IL 60061
Toll Free: 8003887000This Disclosure sets forth current conditions, fees, penalties
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What is product feature truth-in-savings?
Product feature truth-in-savings refers to the accurate representation of the terms, fees, and interest rates associated with a financial product.
Who is required to file product feature truth-in-savings?
Financial institutions offering products with interest-bearing accounts are required to file product feature truth-in-savings.
How to fill out product feature truth-in-savings?
Product feature truth-in-savings can be filled out by providing detailed information on interest rates, fees, and terms of the financial product.
What is the purpose of product feature truth-in-savings?
The purpose of product feature truth-in-savings is to ensure transparency and provide consumers with accurate information about financial products.
What information must be reported on product feature truth-in-savings?
Information such as interest rates, fees, terms and conditions, and potential penalties must be reported on product feature truth-in-savings.
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