Banking Acronyms

ACH

Automated Clearing House

APR

Annual Percentage Rate

APY

Annual Percentage Yield

ATM

Automated Teller Machine

BSA

Bank Secrecy Act

CD

Certificate of Deposit

DBA

Doing Business As

DOB

Date Of Birth

ECOA

Equal Credit Opportunity Act

EFAA

Expedited Funds Availability Act

EFT

Electronic Funds Transfer

EFTA

Electronic Funds Transfer Act

EIN

Employer Identification Number

FAFSA

Free Application for Federal Student Aid

FAQ

Frequently Asked Questions

FCRA

Fair Credit Reporting Act

FDIC

Federal Deposit Insurance Corporation

FHA

Fair Housing Act

FRB

Federal Reserve Bank

FTC

Federal Trade Commission

FTE

Full Time Equivalent

GL

General Ledger

HMDA

Home Mortgage Disclosure Act

HR

Human Resources

HUD

Housing & Urban Development

IBAT

Independent Bankers Association of Texas

ICBA

Independent Community Bankers of America

ID

Identification

IOLTA

Interest on Lawyer’s Trust Account

IRA

Individual Retirement Account

IRS

Internal Revenue Service

LLC

Limited Liability Company

LP

Limited Partnership

MTD

Month To Date

NACHA

National Automated Clearing House Association

NOW

Negotiable Order of Withdrawal

NSF

Non-sufficient Funds

OCC

Office of the Comptroller of the Currency

OD

Overdraft

ODP

Overdraft Protection

PA

Professional Association

PIN

Personal Identification Number

POA

Power of Attorney

POD

Payable on Death

QRP

Qualified Retirement Plan

R/E

Real Estate

RESPA

Real Estate Settlement Procedures Act

RFPA

Right to Financial Privacy Act

RTN

Routing Number

SBA

Small Business Association

SEC

Securities & Exchange Commission

SEP

Simplified Employer Plan

SPBA

South Plains Bankers Association

SSCRA

Soldiers’ and Sailors’ Civil Relief Act

SSN

Social Security Number

SWACHA

Southwestern Automated Clearing House Association

TBA

Target Balance Account

TBA

Texas Bankers Association

TD

Time Deposit

TILA

Truth in Lending Act

TIN

Tax Identification Number

TISA

Truth in Savings Act

TT&L

Treasury Tax & Loan

TUGMA

Texas Uniform Gift to Minors Act

TUTMA

Texas Uniform Transfers to Minors Act

TX DL

Texas Driver’s License

UCC

Uniform Commercial Code

YTD

Year to Date