StacksVerified U.S. regulatory reference

12 CFR §390.300

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The term note account means a note, subject to the right of immediate call, evidencing funds held by depositories electing the note option under applicable United States Treasury Department regulations. Note accounts are not savings accounts or savings deposits.