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

Download this pdf file.Deposit Placement Program Policy & Exhibits