Time Deposit Program

Time Deposit Program

Program Benefits:

Financial institutions

  • Enables institutions that might not otherwise compete for State moneys through other short-term investment options to receive substantial deposits
  • Provides a stable source of funding
  • Generally better rates than available from other sources
  • User-friendly with easy administration and professional interactions

Small businesses and communities throughout California

  • Stimulates growth in small businesses, home mortgages, auto loans, personal loans and other lending throughout the state