Full text of District Notices (Federal Reserve Bank of Dallas) : [Federal Reserve Survey of Time and Savings Deposits in Member Banks as of December 3, 1965]

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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, December 20,1965

To the Chief Executive Officer —
Each Member Bank in the Eleventh Federal Reserve District:
You have recently received a telegram from Chairman Martin indicat­
ing the Federal Reserve’s need for up-to-date information pertaining to the
rates and terms your bank offers on time and savings deposits. We are also
interested in any plans you may have for modifying rates or terms in the
near future, or plans to introduce new savings instruments.
The type of information needed is detailed on the schedule enclosed.
We would appreciate your prompt reply to this inquiry. The information
regarding individual banks, particularly as to their future plans, will be
treated as confidential. In addition, representatives of this Bank will
shortly be in touch with a number of the member banks in this District to
help us keep abreast of evolving developments.
Yours very truly,
Watrous H. Irons
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

CONFIDENTIAL (FR)

ra 0,T*

FEDERAL RESERVE SURVEY OF TIME AND SAVINGS DEPOSITS IN MEMBER BANKS AS OF DECEMBER 3, 1965
Please complete this form and mall one copy to the Federal Reserve Bank In your District as soon as
possible, but no later than January 3, 1966.
Name of b a n k ______________________________________________________________
Address ___________________________________________________________________ _
SCHEDULE I
Rates and Terms in Effect on December 3, 1965
Please fill in the following information relating to the various types of time and savings deposits held in your
bank by individuals, partnerships, and corporations as of December 3, 1965.

Type of deposit

1
1. Savings deposits

Interest r a t e ^
Maturity
Amount
(In months)
outstanding (Per cent per annum)
Dec.22,1965 Less 6 mos. 1 year Minimum Maximum
to
or more
(In thousands than
of dollars) 6 mos. 1 year

2

3

4

5

6

7

Minimum
Check § /) an]1 of the
amount
following whi :h aoolv:
accepted Automatic Redemption Issued only to
renewal
option
(In
individuals or
dollars)
at
prior to
nonprofit
maturity
final2 . institutions
maturity8
9
10
11

XX

y 3/

2. Time deposits:
a. Savings
certificates
b. Savings bonds
c . Other non­
negotiable
certificates
of deposit
d. Negotiable
certificates
of deposit
e. Time deposits,
open account
3. Total, time and
savings deposits

arcr

Please attach to this schedule descriptive brochures and specimen copies of the instruments (other than pass*
books) described above.

Schedule II
Actual or Proposed Changes In Rates and Terms

Subsequent to December 3, 1965

If your bank has introduced any changes since December 3 in types of time or savings deposits accepted from in­
dividuals, partnerships, and corporations, or in rates and other terms pertaining to such deposits, or plans to make
such changes in the near future, please complete this schedule showing the new rates and terms where applicable. (Do
not repeat information which is the same as shown in Schedule I.)
Check if
Effective
this is
date of
new type
change
Type of deposit
of deposit

1
1. Savings depposits

2

.

Time deposits:
a .Savings
certificates

b,

2

3

Interest rate 1/
(Per cent per annum)
Less
than
6 mos.
4

6
mos.
to 1
year
5

1
year
or
more
6

Maturity
(In months)

Minimum Maximum
7

,

8

XX

Minimum
amount
accepted
(In
dollars)

9

Check ( \() any of the following
which apply:
Redemption Issued only
Automatic
option
to individ­
renewal
prior to uals or non­
at
final
profit in­
maturity
maturity 2/ stitutions
12
10
11 “

J

3/

Savings bonds

c. Other non­
negotiable cer­
tificates of
deoosit
d.Negotiable
certificates
of deposit
e.Time deposits,
open account
Please attach to this schedule any revisions in descriptive brochures and specimen copies of the instruments (other than
passbooks)
J/ If rate varies by size of account, submit schedule on separate sheet.
2/ Other than under the emergency provisions of Regulation 0.
3/ Regulation Q permits savings accounts to be held only by these depositors,

Name
Title

of officer
Date