| |
The following rates are for financial institutions who are interested in participating in the Treasurer's various deposit programs. The rates quoted herein are for illustrative purposes only and are subject to change without notice. To establish the terms of a state deposit, the financial institution must contact the Banking Division Time Deposit Section at
(217) 782-2071 to speak with an authorized representative.
Access to Capital |
30
days |
60
days |
90 days |
120
days |
150
days |
180
days |
210
days |
240
days |
270
days |
300
days |
330
days |
365
days |
State |
no quote |
no quote |
no quote |
|
|
no quote |
|
|
no quote |
no quote |
|
|
IL Funds MMF |
2.00
|
2.00
|
2.00 |
|
2.00 |
|
|
|
2.00 |
|
2.00 |
2.00 |
Reduced Rate Program
The Treasurer reserves the right to establish rates for the Linked Deposit Programs.
As of July 1, 2010, the rate is 1% for ALL Linked Deposit Programs. It will remain at 1%
through December 31, 2010, or until $200 million is allotted, whichever comes first.
This rate is only available for new projects that are approved before the deadline or the allotment cap. This record low rate is intended to make our investments competitive with
the marketplace, help stimulate the economy, and generate employment statewide.
State Treasurer's Linked Deposit Programs |
1 yr. |
2 yr. |
3 yr. |
|
Reduced Rate Program (eff. 7/1/2010 through 12/31/2010)
|
1.00 |
1.00 |
n/a |
Cultivate Illinois |
Environmental and Agricultural Long-Term Loan Program |
n/a |
1.00 |
2.00 |
Annual Agriculture Loan Program for July 2010 |
|
n/a |
n/a |
Annual Agriculture Loan Program Compliance Rate for July 2010 |
|
n/a |
n/a |
Storm and Drought Loan Program |
1.00 |
1.00 |
2.00 |
Green Energy Program |
|
1.00 |
2.00 |
Employ Illinois |
Business Loan Program (for Job Creation and Small Business)
|
n/a |
1.00 |
2.00 |
Business Loan Program for Child Care Providers |
n/a |
1.00 |
2.00 |
Opportunity Illinois |
Banking Development Loan Program |
n/a |
1.00 |
2.00 |
Community Development Loan Program |
n/a |
1.00 |
2.00 |
Hospital Loan Program |
n/a |
1.00 |
2.00 |
Consumer Loan Program for Citizen Soldiers |
n/a |
1.00 |
n/a |
Consumer Loan Program for Illinoisans with Disabilities |
n/a |
1.00 |
2.00 |
Disaster Loan Program |
1.00 |
1.00 |
2.00 |
Micro Loan Program |
1.00 |
n/a |
n/a |
Illinois Funds |
90 days |
180 days |
270 days |
365 days |
Local Government Short-Term Loan Program |
1.00 |
1.00 |
1.00 |
1.00 |
|
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