Data Dictionary
Item Number 7625
THE LOWEST INTEREST RATE PAID ON THE LOWEST BALANCES FOR SAVINGS DEPOSITS (INCLUDING MMDAS)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| MMTD7625 | 1991-10-30 | 1994-09-28 | No |
Data Description:
Includes the lowest interest rate paid on the lowest balances for "Savings Deposits (Including MMDAs) (2389)". The stated interest rate per annum on deposits issued or renewed during the 7 days ending on the survey date (that is, the period from Thursday through Wednesday) is reported. Includes either the nominal rate (before compounding of interest) or the effective annual yield (after compounding of interest). If the nominal rate is reported in this item, the appropriate compounding period is reported in item 6203. If the effective annual yield is reported, then code 8 is reported in item 6203. Interest rates are reported to the nearest one-hundredth of a percentage point.