Updated June 2014
This CSR determines whether two computer-generated “interest statements” contain “personal information” and are mailable only at First-Class Mail, Priority Mail, or Priority Mail Express prices.
This ruling pertains to the classification of two computer generated forms that are prepared by a bank.
One form shows the message "Listed below is the interest paid on your loan account at our bank," an account number, amount of the interest paid, and the customer's name and address. The other form, which is identified as 1099-INT ("Statement for Recipients of Interest Income - 1988"), shows the name of the bank, recipient's identifying number, the amount of interest earned, and the customer's name and address.
Manual (DMM) 233.2.3*, prescribes that matter containing personal information must be mailed as First-Class Mail, Priority Mail, or Priority Mail Express. Personal information is any information specific to the addressee.
The forms, each of which is intended for a specific individual with information showing the interest paid on a loan account or the amount of interest earned, contain “personal information" and are, therefore, subject to the First-Class Mail, Priority Mail, or Priority Mail Express prices.
See also DMM 133.3.