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Description: The Time Deposit Program was created in 1945 by the State Bank Deposit Law of California. The program allows the State Treasurer to place deposits with eligible California financial institutions. The goal of the Time Deposit Program is to stimulate local economies by supporting financial institutions that serve the interest of their communities throughout the state. All time deposits are fully collateralized.
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Subject: Time Deposit Program
Group: State Treasurer
Creator: California. Office of the State Treasurer
Language: English
Coverage: California
Format: Websites
Name: Ma, Fiona
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