| Treasury Department Investments |
The Treasurer's Office invests money in both short and medium term instruments. Money invested in short term instruments are anticipated to be expended during the fiscal year. Money invested in medium term instruments are generally not needed for disbursement during the fiscal year. This balanced investment approach maximizes the investment yield.
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| The Treasurer's Pool |
The Treasurer's Pool Investment Account allows schools to earn a higher than average interest rate by investing school activities fund in the same manner as District funds are invested.
To invest: Send a check payable to: School Board of Broward County. Attach a letter from the principal/ administrator directing us to invest the money on the behalf of the school. A receipt will be ponyed back to the location.
To withdraw: Send a letter from the principal/administrator requesting a withdrawal of funds. Requests are usually processed within 48 hours of receipt of letter. Checks are payable back to the location. Interest checks are ponyed monthly to the location. At the end of the school year a confirmation is sent directly to the location. This confirmation should be reviewed and any discrepancies reported to the Treasurer's Office.
Schools may take advantage of a better than average interest rate by investing in the Treasurer's Pool Account.
For further information please contact: Henry Robinson, Treasurer 754-321-0581 Ivan Perrone, Treasury Analyst 754-321-0592
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| Qualified Public Depositories |
Commercial banks, savings and loan associations in Broward County qualified to receive public funds.
| BankAtlantic |
BankUnited, F.S.B. |
| Bank of America |
CitiBank, N.A. |
| Commerce Bank, N.A. |
Community Bank of Broward |
| Desjardins Bank, N.A. |
Equitable Bank, N.A. |
| Floridian Community Bank, Inc. |
Landmark Bank, N.A. |
| Paradise Bank |
RBC Centura Bank |
| Regions Bank |
Regent Bank |
| Security Bank, N.A. |
Suntrust Bank |
| TD Bank, N.A. |
United Bank |
| Valley Bank |
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