Access to Capital

Overview

The Access to Capital Program enables the Treasurer's Office to place deposits in approved financial institutions throughout Illinois in the form of a time deposit maturing in 30 to 365 days.  Deposits of these funds provide participating financial institutions (i.e. banks, credits unions, and savings and loan institutions) with added liquidity.  This provides financial institutions across the state with the added opportunity to administer important lending activities, which can be essential in supporting families, small businesses, and community development efforts.  Read the Access to Capital services overview sheet.

 

In fiscal year 2015 alone, the Treasurer's Office provided $85.5 million in Access to Capital deposits to financial institutions across the State of Illinois.

 

Become an Approved Depository

To participate in the Access to Capital Program, institutions must apply to become an approved state depository with the Treasurer's Office.  For more information, please visit:

 

           •  Become an Approved Depository

 

Approved Depositories can also participate in the Treasurer's Linked Deposits Program.  Should you have any questions with this process, please contact the Banking Division Time Deposit Section at (217) 782-2793.

 

Daily Rates

Click here to access the daily rates for the Access to Capital and Linked Deposits programs.