MOBUCK$
IMPORTANT UPDATE & NOTICE

The Missouri State Treasurer’s Office will reopen for new Linked Deposit “MOBUCKS” applications on January 2, 2024 until funds are exhausted. Due to expected demand, processing times may take longer.

Please note the following items will change prior to opening:

  • Deposits are limited to $5 million.
  • If an eligible institution does not supply all information requested by the STO in connection with a loan package within 30 calendar days of the STO sending its initial request for information, then that loan package shall be disqualified and no linked deposit funds will be placed in connection with the loan package.

The Missouri State Treasurer’s Office linked deposit program, MOBUCK$, invests in Missouri small business, agriculture, and governmental entities.

Through the program, the Office partners with qualified-lending institutions to provide low-interest loans to help grow and expand economic opportunity across Missouri. By reducing the interest rate on certain loans borrowers can use to improve their businesses, the program helps Missouri financial institutions better serve Missouri-based companies and agricultural operations. The program also provides funds for local governments to serve the interests of their constituents.

Using the program allows lenders to lower the interest rates to the borrower by about 2-3 percent.

Program Information and Eligibility Requirements

Click on one of the links below to learn more about the program and eligibility requirements.

 

Missouri Linked Deposits Review Committee

The committee has review and oversight capacity for all matters relating to Missouri’s linked deposit program. The committee may examine all aspects of the linked deposit program, including but not limited to, its administration, operation and effectiveness.