Treasury Management is responsible for overseeing all of the university’s financial resources, including cash collection and disbursement, endowment fund payouts, debt portfolios, and more.
Electronic Funds Transfer
As part of our responsibility in handling the university's financial resources, Treasury Management can assist you in setting up cash collection or disbursement capabilities. Cash collection includes services such as lockbox, credit card processing or Electronic Funds Transfer. Cash disbursement includes making domestic or international electronic payments.
Credit Card & Merchant Services
We also manage credit card and merchant services, if your office is interested in collecting funds using credit cards.
Treasury Management oversees the administration of endowment activities, including the establishment of new endowment funds and the distribution of endowment payout.
Treasury Management is responsible for managing the university's debt portfolio. We regularly review our debt structure to make certain the university will have sufficient cash flows to meet our borrowing obligations. We also monitor the credit landscape frequently to determine if opportunities exist to lower our cost of capital.
Treasury Management partners with the Colonial Central Processing Unit to collect departmental deposits. Deposits of checks and cash are processed within one business day.