Truth in Savings Disclosures from Compliance Logic System (CLS) for Deposit
Advanced intelligence in compliance documentation
CLS for Truth in Savings addresses critical disclosure items with regard to Regulation DD and performs the necessary financial calculations based on the interview answers that the financial professional supplies. Balance computation methods, variable rate information, compounding and crediting, minimum balance requirements, fees and charges, and more are precisely managed to accommodate the specific requirements of a given product. These numbers and variable data are smoothly integrated with text where they are needed, creating disclosures that are easier to read. Disclosures are updated quickly and easily as rate information changes in the platform system. With CLS, there is no limit on how many versions of disclosures institutions can create or modify.
Contact CSi today at info@compliancesystems.com to learn how CSi IntelleDoc Solutions for Deposit can help your institution meet its business challenges.
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