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The Truth in Savings Act requires depository institutions to a . provide federal deposit insurance on savings accounts. b . offer lifeline banking for low

The Truth in Savings Act requires depository institutions to
a. provide federal deposit insurance on savings accounts.
b. offer lifeline banking for low-income customers.
c. pay at least 3.5 percent interest on savings.
d. use the annual percentage yield (APY) in advertising.
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