Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number 6021

FREQUENCY OF INTEREST COMPOUNDING ON NOW ACCOUNTS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
MMTD6021	1989-07-26	1991-09-25	No
SCRP6021	1980-02-29	1980-06-30	Yes

Data Description:

A one-digit numeric code indicating the frequency of interest compounding code for NOW accounts.

1 = Continuously or daily

2 = Monthly

3 = Quarterly

4 = Semiannually

5 = Annually

6 = Not compounded

7 = Other

Last update: May 20, 2024