Data Dictionary
Item Number 6202
FREQUENCY OF INTEREST COMPOUNDING ON THE NEXT HIGHER INTEREST RATE PAID ON THE NEXT HIGHER BALANCES (IF APPLICABLE) FOR NOW, ATS, AND TELEPHONE AND PREAUTHORIZED TRANSFER ACCOUNTSCall confidentiality applies to FFIEC 031/041.
Series | Start Date | End Date | Confidential? | Reporting Forms |
---|---|---|---|---|
MMTD6202 | 1991-10-30 | 1994-09-28 | No |
Data Description:
A one-digit numeric code indicating the frequency of interest compounding on the next higher interest rate paid on the next higher balances (if applicable) for "NOW, ATS, and Telephone and Preauthorized Transfer Accounts (6917)". This item corresponds to the compounding period associated with the interest rate reported in item 7624.
1 = Continuously or daily
2 = Monthly
3 = Quarterly
4 = Semiannually
5 = Annually
6 = Not compounded; simple interest only
7 = Other
8 = Effective annual yield