Truth-in-Savings (TIS) Policy

Develop TIS disclosures that comply with NCUA regulations part 707, Truth in Savings. TIS disclosures outline the share products and include the terms, interest rates, maturity, fees, procedure for payment of dividends, etc., for each of the share products. NCUA regulations § 701.35 Share, share draft, and share certificate accounts, covers permissible share accounts; permissible non-member deposits are outlined in § 701.32, Payment on shares by public units and nonmembers.

 

Last updated on March 30, 2026