Welcome to the Board of Deposit Web Site

This Web site is intended to provide information about the State of Ohio Board of Deposit. It will be used to provide notices for upcoming meetings and to provide access to the minutes of those meetings. This site also contains links to the relevant sections of Ohio Administrative Code.

Purpose of the Board of Deposit

The role of the State Board of Deposit (BOD) is to designate the depositories of the public moneys of the state and implement the Uniform Depository Act as it applies to the state.

Agency Goals

Determine eligibility and designate financial institutions and banks to function as public depositories.
Regulate the deposits of state money into these institutions.

Board of Deposit Members

Treasurer of State Richard Cordray, Chairman
Auditor of State Mary Taylor
Attorney General Nancy H. Rogers
Cashier of the State Treasury Stacey Cumberlander, Secretary

Ohio Administrative and Revised Code References

§ 135.01 Definitions.

§ 135.02 State Board of Deposit.

§ 135.03 Financial Institutions eligible for deposits; limit.

§ 135.04 Eligibility for certain deposits; warrant clearance accounts; minority banks.

§ 135.06 Application of inactive deposits.

§ 135.07 Award of inactive deposits; preference based on interest rate.

§ 135.08 Application of interim deposits.

§ 135.09 Award of interim deposits.

§ 135.12 Biennial designation of depositories; additional subdivision depositories.