FEDERAL · 12 U.S.C. · Chapter 44

Periodic statements

Current through Pub. L. 119-102
Title 12Banks and Banking·Ch. 44 — TRUTH IN SAVINGS

Each depository institution shall include on or with each periodic statement provided to each account holder at such institution a clear and conspicuous disclosure of the following information with respect to such account:

(1)The annual percentage yield earned.
(2)The amount of interest earned.
(3)The amount of any fees or charges imposed.
(4)The number of days in the reporting period.

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History

(Pub. L. 102–242, title II, §268, Dec. 19, 1991, 105 Stat. 2338.)