I just wanted to follow up on this thread, since we do not compound interest on Certificates of Deposit. However, are you saying that this is a bank policy decision and that no existing regulations would prevent either the compounding of interest or crediting that interest to the account on any type of frequency we want, provided that it is disclosed in the account agreement? Thanks.
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I hear and I forget. I see and I remember. I do and I understand.--Confucius