I am wondering how other banks handle this. When a CD with a maturity over 12 months comes due and the required truth-in-savings is sent out, do you disclose the compounding/crediting of interest set up for that specific CD or can you list our standard of "quarterly/quarterly"? Our disclosures are printed on the maturity notice automatically and isn't picking up if the customer has requested it be changed to something like "quarterly/annually". Is this okay or does it need to be CD specific? If it does, how do you meet this requirement?

Thanks.

It needs to be specific to the customer. A generic "quarterly/quarterly", if not accurate, is a violation.