Banking and Cash Management

Treasury Management manages the aggregate cash for all University departments and schools. It also manages the University bank accounts and funds them daily investing any excess balances on a daily basis to optimize return on operating cash.

Treasury manages liquidity for the University by maintaining adequate cash and access to cash to meet forecasted liquidity needs. Additionally, it prepares an annual cash forecast identifying future cash flows from all sources and uses of University cash. Treasury meets liquidity needs through a combination of cash holdings and available credit lines.

Policy:
Establishing and Managing Bank or Other Financial Institution Accounts for University Funds