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To: know.your.why

What did the withdrawal state? Was there a department associated with it?


10 posted on 10/05/2025 4:08:44 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: maddog55

From AI

Government Actions

Unpaid Taxes: The California Franchise Tax Board (FTB) can take money from a bank account for unpaid taxes.
Court Orders: A court order can be issued for funds to be taken from a savings account to satisfy a debt, as this can be a form of “levy” or seizure of assets.
Bank Actions

Right of Offset: Banks may be allowed to take funds from a savings account to pay a separate debt owed to the bank, such as a loan, if the account holder has defaulted on the loan and the bank’s terms allow for it.
Setoff Limits: In California, there are some limits to bank setoffs, such as not being able to offset for personal credit card debts unless you have authorized it, or for accounts that hold less than $1,000 in a state-chartered institution.


11 posted on 10/05/2025 4:10:01 AM PDT by mikelets456
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