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federal

Reserve Bank

DALLAS. TEXAS

of

D allas

75222

C i r c u l a r N o. 81-4
J a n u a r y 6, 1981

REGULATION Q - INTEREST ON DEPOSITS
A n n o u n c e m e n t of R ate fo r T w o a n d O n e -H a lf Y e a r
Sm all S a v e r C e r tif ic a te

TO ALL MEMBER BANKS
AND OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
T h e c e ilin g r a t e fo r c o m m e rc ia l b a n k s o n th e two a n d o n e - h a l f y e a r
o r m o re sm all s a v e r c e r t if ic a te fo r t h e p e r i o d fro m J a n u a r y 8 t h r o u g h J a n u a r y 21
is:
11.75%
F in a n c ia l i n s t i t u t i o n s m ay c o n tin u e to co m p o u n d th e r a t e p a i d on t h e s e tim e
d e p o s it s u s i n g a n y of th e m e th o d s a u t h o r i z e d b y R e g u la tio n Q.
F o r f u r t h e r in fo rm a tio n c o n c e r n i n g th e two a n d o n e - h a l f y e a r o r m ore
s m a ll s a v e r c e r t i f i c a t e s , p l e a s e c o n s u l t C i r c u l a r No. 80-110 d a t e d J u n e 5, 1980.
Q u e s tio n s r e g a r d i n g R e g u la tio n Q s h o u ld b e d i r e c t e d to th e C o n s u m e r
A ffa irs S e c tio n of o u r B a n k S u p e r v i s i o n a n d R e g u la tio n s D e p a r tm e n t, E x t . 6171.
S in ce rely y o u r s ,
William H . W allace
F i r s t V ice P r e s i d e n t

Banks and others are encouraged to use the following incoming W ATS 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)