View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F ederal

reserve

Ba n k

DALLAS. TE X A S

of

Dallas

75222

C r u a No. 80-129
iclr
June 2 , 1980
4

REGULATION Q - INTEREST ON DEPOSITS
Announcement of R ate for Two and One-Half Year
Small Saver C ertificate

TO ALL MEMEBER BANKS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
The ceiling rate for com m ercial banks on the two and one-half year
or more small saver c e r tific a te for the period from June 26 through July 9 is:
9.25%.
Financial institutions may continue to compound the rate paid on these tim e
deposits using any of the methods authorized by Regulation Q.
For further information concerning the two and one-half year or more
small saver c e r tific a tes, please consult Circular No. 80-110 dated June 5, 1980.
Questions regarding Regulation Q should be directed to the Consumer
Affairs Section of our Bank Supervision and Regulations Department, Ext. 6171.
Sincerely yours,
Robert H. Boykin
First Vice President

Banks and others are encouraged to use the following incoming W A TS numbers in contacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.

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