The Truth in Savings Act is a federal law that protects consumers by requiring financial institutions to provide clear and accurate information about their deposit accounts. This includes details about account terms and conditions, fees, and interest rates. The Truth in Savings Act also requires banks to disclose any changes to account terms in a timely manner. This allows consumers to make informed decisions about their deposit accounts and compare offers from different financial institutions.
By providing my email address, I agree to StableMARK.com’s Privacy Policy