7 CFR 1785.69 - Cushion of credit payment account computations.
(a)Deposits. Cushion of credit payments are credited to the borrowers' cushion of credit accounts.
(b)Interest. Interest at the rate of 5 percent per annum shall be credited on a quarterly basis to cushion of credit accounts. Interest earned will appear as a reduction in the interest billed on the borrower's RUS notes and will be separately shown on RUS Form 694, “Statement of Interest and Principal Due.”