Federal Tax Payments

Centennial Bank has always been a convenient, trusted source of payment and mailing for business and individual taxpayers.  As an added benefit, the Department of the Treasury now offers two new options to safely and securely pay your taxes with the creation of the Electronic Federal Tax Payment System, or EFTPS. 

EFTPS allows you to file your taxes online or by phone with several added conveniences:
  • Assurance of security and privacy
  • Easy, step-by-step instructions online or by phone
  • Make a payment in a matter of minutes
  • Access the system 24 hours a day, making it convenient for you
  • Receive immediate acknowledgement of every transaction as a receipt
  • Schedule payments up to 120 days in advance

 

For more questions about EFTPS, please call them directly 800-555-4477 for businesses and 800-316-6541 for individuals. Information is also available online at www.eftps.gov

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

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