Truth in All Savings Vehicles Act

[AI summary unavailable — showing source text] Truth in All Savings Vehicles Act - Declares that a depository institution may only make references to annual percentage yields when making statements or initiating solicitations regarding accounts (thus proscribing references to specific yields or rates of interest). Mandates that annual percentage yield statements include specified disclosures in a clear and conspicuous manner. Authorizes the Federal Depository Institutions Regulatory Agency (the Agency) to exempt advertisements, announcements, or solicitations made by any broadcast or electronic medium or advertising displays (whether or not on depository institution premises) from such requirements if the disclosures would be unnecessarily burdensome. Prohibits specified misleading or inaccurate descriptions of no-cost accounts or deposit contracts. Requires each depository institution to maintain a schedule, written in clear and plain language, of fees, charges, interest rates, and terms and conditions such as minimum balance and time requirements applicable to each class of accounts offered. Requires that such schedule be disclosed to potential customers and requesting individuals and mailed to account holders. Requires that …