8. Reg CC Holds on Non-Transaction Accounts

Activity – Currently, when a deposit is made into an account and a Reg CC hold is placed, the mandatory release of $200.00 is released to the member regardless if the account is transactional or not.  The regulation states that the $200.00 does not have to be released if the account is non-transactional.

Solution –Enhance the system to recognize the difference between a transactional and a non-transactional account.

Status In process: Project sheet #38381 is currently awaiting approval from the CEO

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