The CD Trust Investment program was established to allow State Agencies to invest their trust funds in Certificates of Deposit with Arkansas banking institutions. State agencies and Arkansas banks both benefit from this program by keeping money in Arkansas and yielding the best available rate to the State Agencies.
In 2018, the Treasury launched an online CD auction program – the Arkansas Transparent Treasury Auction, or ATTA. This program allows for a transparent, competitive process to place CD’s with Arkansas banking institutions. Institutions desiring to participate in these auctions should register with the Investment Division of the Treasury, and submit the required forms. These forms are available in standard PDF and fillable PDF formats in the FORMS section of the website.
As of March 2020, the minimum floor rate for participating institutions will be based on the interpolated Treasury yield curve. View the directive here.
The ATTA program also allows the general public to view active and past auctions, as well as any scheduled future auctions.
Visit the ATTA website here.