Larry Pack
West Virginia State Treasurer
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Financial Institutions

The West Virginia State Treasurer is responsible for managing the state’s multiple banking functions and financial services. Our office works closely with financial institutions to ensure the banking needs of the state are being met and public funds are properly collateralized and protected,

Collateralization of Public Deposits
The West Virginia State Treasurer’s Office is responsible for ensuring public funds deposited in financial institutions are properly collateralized and protected. The West Virginia Security for Public Deposits Act authorizes public deposits made by the state or any political subdivision of the state be held at an approved designated state depository and collateralized.
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Designated State Depositories
Financial Institution’s information on becoming an approved state depository, responsibility, and forms.
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Restricted Financial Institutions List
The State Treasurer is authorized to prepare and maintain a list of financial institutions engaged in a boycott of energy companies. Inclusion on the restricted financial institution list is not an indication of unsafe or unsound operating conditions at any financial institution nor any risk to consumer deposits.
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West Virginia Code
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West Virginia State Treasurer's Office
1900 Kanawha Boulevard
Capitol Complex Building #1, Room E-145
Charleston, West Virginia 25305
304.558.5000 or 800.422.7498
Hours: 8:30 a.m. - 4:30 p.m. (ET)

Copyright 2025 West Virginia State Treasurer's Office