State Treasurer Zweifel's INVEST IN MISSOURI is helping community growth by changing how the Missouri Time Deposits program operates. Learn more about the change.

The State Treasurer's Office will place time deposits with approved Missouri financial institutions for maturities not to exceed five years.

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 Rachelle Ocheskey at (573) 751-2466.

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.

Click on the link below for the application.

To place a time deposit, call Rachelle Ocheskey, Time Deposit Coordinator, at (573) 751-2466.