{"data":{"id":"us/12-cfr-7.1018","jurisdiction":"us","citation":"12 CFR 7.1018","heading":"National bank automatic payment plan accounts.","body":"A national bank may, for the benefit and convenience of its savings depositors, adopt an automatic payment plan under which a savings account will earn dividends at the current rate paid on regular savings accounts. The depositor, upon reaching a previously designated age, receives his or her accumulated savings and earned interest in installments of equal amounts over a specified period.","path":["Title 12—Banks and Banking","CHAPTER I—COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY","PART 7—ACTIVITIES AND OPERATIONS","Subpart A—National Bank and Federal Savings Association Powers"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"5bd9c4a1ba6a622e401554cafc858a52a32121b232f3ec8e4cc5510313895c38","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-7.1017","next":"us/12-cfr-7.1020"},"notice":"GroundRules: Original legal text. Not legal advice."}