Data Dictionary
Item Number 2370
SAVINGS DEPOSITSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| CUSA2370 | 1980-12-31 | 1983-06-30 | No | NCUA 5300/5300S |
| IRA12370 | 1976-03-31 | 1976-03-31 | Yes | FR 1129 |
| IRA22370 | 1976-12-31 | 1976-12-31 | Yes | FR 1129 |
| NMCU2370 | 1979-10-03 | 1980-07-02 | Yes | FR 2412 |
| NMWS2370 | 1980-01-09 | 1980-10-29 | Yes | FR 2412 |
| QTFL2370 | 1977-02-11 | 9999-12-31 | Yes | FR 2028b/s |
| RCON2370 | 1961-04-12 | 1985-12-31 | No | Multiple Forms |
| SDSL2370 | 1990-03-31 | 9999-12-31 | No | OMB 1500-004 |
| SUMD2370 | 1966-06-30 | 1983-06-30 | No | Multiple Forms |
| WRBK2370 | 1961-04-26 | 1983-12-28 | Yes | FR 2416 |
| WRJK2370 | 1961-04-26 | 1983-12-28 | Yes |
Data Description:
Savings deposits have no specified maturity and no contractual provisions that require the depositor to give prior written notice of an intention to withdraw funds. However, the bank, at its option, may at any time require depositors holding savings deposits to give written notice of an intended withdrawal not less than 7 days before such withdrawal is made. Savings deposits may be evidenced by a passbook, written agreement, or receipt which may also be in the form of a certificate, but withdrawal provisions must be consistent with those specified above for savings deposits. Customers eligible to hold savings deposits include individuals; nonprofit organizations; partnerships, corporations, and other organizations operated for profit; agencies and corporations of the United States Government, any state, county, municipality, or political subdivision thereof, the District of Columbia, the commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, or political subdivisions thereof; and international organizations. Funds deposited to the credit of, or in which any beneficial interest is held by, a partnership, corporation, association, or other organization operating for profit or an international organization are classified as savings deposits to the extent that such deposits do not exceed $150,000 per such depositor. COMPARABILITY: Beginning 12/15/82, includes Money Market Deposit Accounts (MMDA's). Prior to 11/10/75, partnerships, corporations, and other organizations operated for profit were not allowed to hold savings deposits. Prior to 11/27/74, agencies and corporations of the U.S. Government, states, counties, municipalities, or political subdivisions thereof were not allowed to hold savings deposits. Prior to 4/12/61, not shown separately, but included in "Other Time Deposits of Individuals, Partnerships, and Corporations (2420)." Beginning 12/31/83, for the "CUSA" series, this item equals the sum of "Deposits (3138)" and "All Other Shares (1264)". For the "SUMD" series only, starting with 6/30/76, the summary of deposits item SUMD2370 is defined as "Savings Deposits of Individuals, Partnerships, and Corporations (6650)".