Data Dictionary
Item Number 5308
NONWITHDRAWABLE DEPOSIT ACCOUNTS NOT REPORTED IN ITEM 5267Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVCC5308 | 1990-03-31 | 2003-12-31 | No | OTS 1313 |
Data Description:
Includes nonwithdrawable deposit accounts of both stock and mutual thrift institutions reported in item 2339 meeting the criteria of OTS Regulation 561.42 that are not included in item 5267. Nonwithdrawable accounts are defined in OTS Regulation 561.42 as accounts that by the terms of the contract with the holder or by provisions of state law cannot be paid to the holder until all liabilities, including other classes of share liability, of the thrift institution have been fully liquidated and paid upon the winding up of the thrift. Also includes pledged deposits reported in item 2339 for which the pledge and escrow agreements provide the regulatory agencies with the authority to cancel the pledged accounts and turn over the account funds to the institution.