Missouri FIRST

Policies and Information

The Missouri State Treasurer's office maintains a conflict of interest policy for the Missouri Linked Deposit Program to safeguard the integrity of the program.

 

Acceptable Collateral

Missouri statute requires all deposits with the state, including linked deposits, be collateralized at a level of at least 100% over the FDIC insurance limit. Statutes further define the types of bonds and other collateral the state may accept.

 
IMPORTANT NOTICE
While Brokered CD’s are now deemed statutorily acceptable as collateral for deposits of state funds (effective August 28, 2018), the State Treasurer’s Office will not be accepting them as collateral for such deposits. The State Treasurer urges each public entity to make its own decision as to which types of collateral are acceptable to them, and not base their decision solely on that of the Treasurer’s Office.
 

Ineligible Borrowers

It is important that potential Missouri Linked Deposit Program applicants check if they are eligible to receive loans.

 

Borrower Certification

Borrowers must meet certain requirements to be certified to receive a loan through the Missouri Linked Deposit Program.

 

Other Government Resources

There are several resources available to those pursuing business opportunities in Missouri.