The Office of the State Treasurer’s Collateral Division ensures the protection of state funds deposited by agencies in Treasury-approved financial institutions. The division reviews, tracks, and reconciles collateral pledged by these financial institutions to secure public deposits.
Pledged collateral is continually evaluated for compliance with all applicable statutes, policies, and depository custodial agreements. The division monitors all pledged securities to make certain that each is an acceptable, valid, and marketable instrument that can secure public funds at all times. Risk assessment reports are analyzed to determine data accuracy, the institution’s financial condition, and the maintenance of the institution’s appropriate collateral position.
The division oversees the collateralization
process for the approved public depositories in the Mississippi Statewide
Public Funds Collateral Program. A list of those depositories can be
found here. On a daily basis, the Office of the State Treasurer
monitors collateralization requirements to provide a level of assurance to the
State’s more than 1,200 public entities.
For Financial Institutions
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View List of Guaranty Pool Members
For Custodial Banks (Safekeepers)
For Internal/External Auditors
For Public Depositors