TITLE

Of interest to savers

AUTHOR(S)
Hannon, Kerry
PUB. DATE
June 1993
SOURCE
U.S. News & World Report;6/7/93, Vol. 114 Issue 22, p77
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Examines how new disclosure rules for banks should demystify rates and ad claims. Specifics on the Truth in Savings Act, which takes effect on June 21, 1993; Interest-rate-muddle that inspired the law's fundamental innovation--annual percentage yield, or APY; Other restrictions.
ACCESSION #
9306020227

 

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