A bill to amend the Fair Credit Reporting Act dealing with depository institutions and privacy.

Title I: Depository Services - Amends the Fair Credit Reporting Act to set standards to be followed by depository institutions with respect to the gathering of any information concerning a consumer, including disclosure to the consumer of all types of information which may be collected and all types of institutions which may collect such information. Requires a depository institution to inform the consumer whenever it makes an adverse decision respecting a depository service involving such consumer.

Makes provisions for the enforcement of this Act.

Title II: Electronic Funds Transfer Services - Requires an electronic funds transfer service to destroy individually identifiable account information 45 days after the date of each transaction. Requires providers of such services to establish and maintain procedures enabling individuals to promptly correct inaccuracies in transactions or account records generated by the service.