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Collateral

Required Amount of Collateral

Each participating depository institution is required to pledge acceptable collateral with a total value of at least 105 percent of the amount of deposits of public funds in its pool, reduced to the extent deposits are insured by federal deposit insurance.

If pledged collateral consists of securities with a declining principal balance, the market value of the collateral pledged may not be less than 125 percent of the amount of the deposits, reduced to the extent deposits are insured by federal deposit insurance.


For Further Information

If you have any questions about the Pooled Collateral Program, please feel free to contact our staff at (800) 531-5441, extension 3-6069 or 3-5902, or you may dial directly at (512) 463-6069 or (512) 463-5902.

You may also email any questions to:

collateral@cpa.state.tx.us

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