Missouri Time Deposits
The State Treasurer's Office will place time deposits with approved Missouri financial institutions for maturities not to exceed five years.
Weekly Rates for Missouri Financial Institution
The rate of interest payable by all banking institutions on state moneys is determined by a review of the prior week’s treasury rate average, market rates from Missouri financial institutions and Federal Home Loan Bank advance rates. Rates are available on Monday of each week. For current rates, call the Investment Division at (573) 751-1962.
Time Deposit Terms
Time deposits must be collateralized at least 100% (principal plus interest to maturity) and held by an acceptable third-party custodial bank. For a list of securities that are considered acceptable collateral, please click on the link below.
General Time Deposit
Click on the link below to submit an application.
Placing a Time Deposit
To place a time deposit, call the Investment Division at (573) 751-1962.