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.

Micro Data Reference Manual

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Data Dictionary

Item Number 6847

IF YOUR INSTITUTION IMPOSES A WITHDRAWAL PENALTY ON SOME OR ALL OF THESE TIME DEPOSITS, HOW MANY DAYS OF INTEREST IS THE DEPOSITOR PENALIZED?

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
MMTD6847	1990-08-29	1994-08-31	No

Data Description:

Includes the number of days of interest that the depositor is penalized if he or she withdraws all or a portion of the time deposit before the time deposit matures. If the penalty is measured in months, each month is converted into 30 days. If an institution calculates the penalty on some other basis (e.g., a fixed fee) NA is reported.

Last update: May 20, 2024