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Savings Accounts
Checking Accounts
Term Certificate Accounts
IRA Accounts
Electronic Fund Transfers
Funds Availability
Unclaimed Property Law
Account AgreementsAdministrative Offices
2504 Kenya Drive
Modesto,
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What is term certificate accounts?
Term certificate accounts are fixed-term deposits offered by financial institutions where funds are deposited for a specific period of time, usually with a higher interest rate.
Who is required to file term certificate accounts?
Individuals or businesses who have term certificate accounts with financial institutions are required to file them for tax reporting purposes.
How to fill out term certificate accounts?
Term certificate accounts can usually be reported on tax forms provided by the financial institution or by manually inputting the information on tax forms.
What is the purpose of term certificate accounts?
The purpose of term certificate accounts is to earn a higher interest rate on deposited funds for a specific period of time.
What information must be reported on term certificate accounts?
Information such as the account holder's name, account number, interest earned, and any early withdrawal penalties must be reported on term certificate accounts.
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