Data Dictionary

Item Number 7641
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
MMTD7641 1991-10-30 1994-09-28 No

Data Description:


Includes the next higher interest rate paid on the next higher balances (if applicable) 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 6211. If the effective annual yield is reported, then code 8 is reported in item 6211. Interest rates are reported to the nearest one-hundredth of a percentage point.

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Last update: May 17, 2024