To whom must First National Bank provide a Regulation DD account disclosure?

The requirement for First National Bank to provide a Regulation DD account disclosure is primarily directed towards individuals opening accounts and consumers rather than business entities. The Regulation DD disclosures are intended to ensure that consumers receive clear and comprehensive information about the terms and conditions of deposit accounts, allowing them to make informed decisions.

In this context, while both the corporation and the law firm represent entities that might hold accounts, they do not fall under the consumer definition typically used in Regulation DD. The sole proprietorship could be interpreted as a hybrid between personal and business use, but it is still a business.

On the other hand, Eva Gilcrest, as an individual account holder with a payable on death provision, falls squarely within the scope of Regulation DD's consumer protection regulations. This categorization means that she is entitled to receive the necessary disclosures that outline the account's terms, fees, and interest arrangements. Therefore, the correct answer highlights the requirement of providing disclosures to individual consumers rather than business entities, aligning with the goals of the Truth in Savings Act to promote transparency and consumer awareness in banking practices.