Our old Truth in Savings disclosed "interest will be compounded quarterly and will be credited to the account quarterly." We are implementing a new platform, and the disclosures now read "interest will be compounded every 3 months and will be credited to the account every 3 months." Is this okay? The interest is being calculated on a 365 day year. I'm getting tripped up on verbiage. Thank you; I appreciate any help.

I think that wording is fine.