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#697325 - 03/06/07 06:43 PM Time Deposit Maturity Notices
Mainiac Offline
100 Club
Joined: Nov 2005
Posts: 147
Is there any requirement to send maturity notices for maturing time deposits which had a term of 1 year or less and which do not renew automatically? In reading Reg DD 230.5(b) & (c) it does not appear to me that they do.

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Deposits and Payments
#697418 - 03/06/07 08:09 PM Re: Time Deposit Maturity Notices Mainiac
rlcarey Online
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
There is no Federal regulatory requirement to do so.
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