Board of Deposit

In fulfilling the mission of being responsible stewards of taxpayer dollars, the Treasurer's office is charged with vetting and approving financial institutions to accept deposits of public funds.

As Chairman of the State Board of Deposit, Ohio Treasurer Robert Sprague encourages financial institutions to become eligible to accept public moneys.

To be eligible to receive interim deposits and participate in programs administered through the Treasurer’s office, financial institutions are required to submit the Application and Agreement for Deposit of Public Funds and Trustee Agreement(s).

Once reviewed and verified for completeness, the financial institution will be recommended to the State of Ohio Board of Deposit for approval.

For more information about becoming a depository financial institution, please visit the application page.