What does Dormant/Inactive mean?

An account is considered dormant/inactive if the following does not occur during the designated period.

Deposit, withdrawal, or money transfer

No contact with the bank – phone call/ email/ secure message /mail

Demand Deposit Checking and Interest Checking accounts go dormant after 24 months of inactivity

Money Market and Savings accounts go dormant after 24 months of inactivity

Certificate of Deposit do not go Dormant