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Loanfactz Definitions
Glossary of Legal Terms, Loan Terms and Home Construction, Repair and Maintenance Definitions. Some words have more than one meaning. Only those meanings relating to this site will be used.
All of T
Truth in Savings Act (TISA) of 1991
The Truth in Savings Act (TISA) and the Federal Reserve Board's implementing Regulation DD require the clear and uniform disclosure of the rates of interest, annual percentage yields, fees, and other account terms for deposit accounts offered by depository institutions. These disclosures assist consumers in meaningful comparisons between the competing claims of depository institutions with regard to deposit accounts.
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