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How long does a bank wait to declare a savings account inactive?

Submitted by Mac53 on Tue, 07/11/2017 - 22:41

Do I have to make transactions every month or quarter so that my account remains active. Usually an account is declared inactive after how many days?

Dormancy periods vary by state and type of account. For an example - In California, there must be no activity in savings a account for at least three years to become dormant or inactive.

Submitted by tiarajoseph11 on Wed, 07/12/2017 - 06:38


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