Finances

New Deposit Process

The State Treasurer's Office is implementing a new and more convenient deposit process. This process will give agencies access to their own accounts and reports, which results in more transparency. Agencies will make their deposits directly to the bank. A courier service will no longer be needed.

Most agencies will be assigned their own bank account. Some will be co-mingled with other agencies and others will consolidate their current electronic and deposit accounts.

Agencies can make their bank deposits using the drive thru at the bank.

Desktop scanners can be used from the comfort of your office, endorse the checks, put them in the scanner, and they automatically scan. No going out in the cold weather and wind anymore!

Take a look at the New Deposit Process, and be sure to watch the video.