September 30, 2019
Deposit Placement Program Policy
In accordance with Senate Bill 157 (2019), the State Depository Board adopted the State Depository Board Deposit Placement Program Policy on September 16, 2019. On September 30, 2019, the State Treasurer approved two applicants to provide deposit placement services pursuant to the policy:
- Promontory Interfinancial Network, LLC
- Reich & Tang Deposit Networks, LLC