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F ederal reserve bank of DALLAS, TEXAS Dallas 7 5 2 22 Circular No. 80-217 N ovem ber 12, 1980 REGULATION Q - INTEREST ON DEPOSITS Announcement of Rate for Two and One-Half Year Small Saver Certificate TO ALL MEMBER BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The ceiling rate for commercial banks on the two and one-half year or more small saver certificate for the period from November 13 through November 26 is: 11.75%. Financial institutions may continue to compound the rate paid on these time deposits using any of the methods authorized by Regulation Q. For further information concerning the two and one-half year or more small saver certificates, 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 WATS 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)
