When Oregonians renew a license, receive public benefits, or submit a payment to a state agency, the Oregon State Treasury’s Finance Division is behind the scenes making sure the money moves timely, securely, and reliably.

Through its Cash Management Program, the Finance Division provides banking and short-term investment services to 80 state agencies, several public universities, more than 1,000 local governments, and one federally recognized tribe. This work involves processing millions of transactions each year. So far in 2025, the division has processed 10.1 million transactions valued at more than $208 billion on behalf of Oregon governments and their customers.

Maintaining state agency accounts at Treasury results in significant cost savings due to volume pricing, while managing the investment of both state and local government moneys in the Oregon Short Term Fund reduces costs and increases earnings. State and local governments use these savings and investment earnings to fund their services to Oregonians—reducing the reliance on taxes or fees.

In addition to banking and short-term investment services, the Finance Division safeguards state and local government moneys through its Public Funds Collateralization Program. The program requires banks and credit unions to provide collateral for government deposits not otherwise protected by deposit insurance. If a participating bank or credit union fails, the division can liquidate the collateral to minimize financial losses and impacts to government services and taxpayers. At the end of 2024, $3.3 billion in government deposits were protected by $2.5 billion in collateral.

Keeping Oregon’s money moving is critical to delivering services that Oregonians rely on every day—and especially during emergencies. From wildfires and ice storms to power outages and drinking water disruptions, Treasury’s Resiliency Building at Mill Creek supports the Finance Division’s “no fail” operations and ensures that government payments continue without interruption.

By delivering reliable, secure payment solutions, protecting government deposits, and managing funds with care, the Finance Division enables state agencies, universities, and local governments to focus on their missions—from educating students to delivering community services—while ensuring taxpayer dollars are safeguarded and working for Oregonians.