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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