Deposit Placement Programs
In accordance with Senate Bill 157 (2019), the State Depository Board adopted the State Depository Board Deposit Placement Program Policy on September 16, 2019. The policy defines the process for approval to provide deposit placement services pursuant to O.C.G.A. § 45-8-14.1 and establishes requirements related to the ongoing monitoring of participation in deposit placement programs.
The following service providers are approved to provide deposit placement services pursuant to O.C.G.A. § 34-8-14.1.
- Promontory Interfinancial Network, LLC
- Reich & Tang Deposit Networks, LLC