Data Dictionary
Item Number 6211
FREQUENCY OF INTEREST COMPOUNDING ON THE NEXT HIGHER INTEREST RATE PAID ON THE NEXT HIGHER BALANCES (IF APPLICABLE) FOR SAVINGS DEPOSITS (INCLUDING MMDAS)Call confidentiality applies to FFIEC 031/041.
Series | Start Date | End Date | Confidential? | Reporting Forms |
---|---|---|---|---|
MMTD6211 | 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 for "Savings Deposits (Including MMDAs) (2389)". This item corresponds to the compounding period associated with the interest rate reported in item 7641.
1 = Continuously or daily
2 = Monthly
3 = Quarterly
4 = Semiannually
5 = Annually
6 = Not compounded; simple interest only
7 = Other
8 = Effective annual yield