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F ederal

reserve

Bank

DALLAS, TE X A S

of

D allas

75222

Circular No. 81-77
April 14, 1981

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

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 April 14 through April 27 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,
William H. Wallace
First Vice President

Banks and others are encouraged to use the following incoming W A T S 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)