Collateral Management

Welcome to the Florida Treasury's Bureau of Collateral Management ("BCM"). 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 the Chief Financial Officer for safekeeping or in relation to a requirement. These collateral assets are required of financial institutions, trust businesses, insurance companies, and by state agencies and other Florida governmental units as a condition of doing business in Florida. BCM is the state of Florida's collateral management service provider under Section 17.59, Florida Statutes and BCM also administers Florida's public deposits program under Chapter 280, Florida Statutes.

The Bureau of Collateral Management currently administers the following:

Florida's Public Deposits Program as governed by Chapter 280, Florida Statutes and Chapter 69C-2, Florida Administrative Code.
Deposit requirements of insurance companies and insurance-related entities as determined by the Florida Office of Insurance Regulation ("OIR").
Deposit requirements of trust business as established by the Florida Office of Financial Regulation ("OFR").
Escrow services for state agencies as required by statute, rule, or contract.

List of Designated Qualified Public Depositories

Entity details include the business name, FEIN, home office location, current collateral pledge percentage, financial ranking, total public deposits, and net public deposits.

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

Email Public Deposits Section

Email Collateral Administration Section