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Collateral Management


Welcome to the Florida Treasury's Bureau of Collateral Management ("BCM"). This website is your portal to the functions of our office. BCM specializes in the administration of assets such as cash, certificates of deposit, letters of credit, and marketable securities that are deposited with or pledged to BCM for safekeeping. These collateral assets are required of banks, trust companies, insurance companies and other parties by state agencies and other Florida governmental units as a condition of doing business in Florida. BCM is Florida's collateral management service provider under Section 17.59, Florida Statutes ("F.S.") and BCM also administers Florida's public deposits program under Chapter 280, F.S.

Financial institutions such as banks, savings associations, trust companies, and insurance companies can learn valuable information on our website about meeting their collateral requirements and working effectively with our office. Florida governmental agencies can learn about BCM's services and determine if our office can administer collateral or safekeeping programs for their agency. Lastly, interested individuals can learn more about how BCM’s services benefit the citizens of Florida. Click on the topics below for more information.

Contact BCM

Telephone at (850) 413-3167

Fax at (850) 413-2721

Mail
Bureau of Collateral Management
200 E Gaines St
Tallahassee, FL 32399-0345

Overnight mail
Bureau of Collateral Management
Hermitage Centre
1801 Hermitage Blvd, Suite 470
Tallahassee, FL 32308


Public Deposits Program Update:

Governor DeSantis signed House Bill 3, Government and Corporate Activism, into law on June 2, 2023. This law enacts several changes to Florida’s Public Deposits Program, Chapter 280, Florida Statutes. A  communication sent out to Qualified Public Depositories provides guidance on the new requirements for financial institutions.

To review the changes, please visit the Laws of Florida section for House Bill 3 (2023).

Please contact our Public Deposits section with any questions on this new requirement.