The Centralized Treasury and Securities Management Division oversees all banking aspects of the Centralized Treasury System this past fiscal year. The goal of the CTSMD is to maximize the earning of interest consistent with safe and prudent treasury management, and to ensure that the depository banks provide the state with proper and adequate security for the deposit of state monies.
CTSMD manages the cash liquidity needs of all state agencies and departments and ensures that all idle funds are invested daily.
Essential CTSMD Resources
Overview
Functions
Treasury Services for State Agencies
Essential resources for state agencies on electronic deposits, dishonored check reporting, and bank collateral requirements.
Bank Reconciliation Section
Reconciles banking transactions made by various state agencies and departments and ensures that all financial activities are credited accurately and timely by our depository banks.
Collateral Management Section
Administers the clearance and settlement of securities pledged to the State as collateral and administers the safekeeping of items in the STO Vault.
Financial Services Section
Manages the demand account banking functions of the Centralized Treasury System (CTS).
Item Processing Section
Redeems all items presented by banks for payment, handles forgeries, and manages the Stop Payment program.
Securities Clearance Section
Clears and settles securities purchased or sold for investment by the State and clears and settles securities pledged to the state.