Which financial institutions hold the nearly $2.1 billion in D.C. government deposits? This table from January 31, 2012 shows aggregate account balances by financial institution. Information provided by the D.C. Office of the Chief Financial Officer.

Financial Institution List

Balances as of
January 31, 2012

1

AIM -Canter Fitzgerald (Money Market Fund)

$74,729,626

2

Premier Bank, formerly Adams Bank (CD)

$6,000,000

3

Bank of America (Sweep Product)*

$33,877,274

4

BOA Global Capital Mgmt. (Money Market Fund)*

$154,615,864

5

Bank of Georgetown (CD)

$20,000,000

6

Bank of New York (Money Market Fund)

$564,133

7

BB&T (NOW Account)

$37,063,750

9

Blackrock Inc. (Money Market Fund)

$161,142,977

11

City First (CD, NOW Account)

$5,000,000

12

Colombo (CD)

$30,000,000

13

Congressional Bank (CD)

$5,000,000

14

Dreyfus Money Market (Money Market Funds)

$203,580,425

15

Eagle Bank (CD)

$20,000,000

16

Evergreen Prime (Money Market Fund)

$79,384,612

17

US Treasury (Direct Obligations)

$269,305,018

18

Federated Obligations (Money Market Funds)

$207,128,769

19

Fidelity Money Market (Money Market Fund)

$53,141,264

20

Goldman Sachs (Money Market Fund)*

$5,663,917

22

Industrial Bank (CD, Sweep)

$13,560,322

23

JP Morgan Chase (Money Market Fund)*

$150,777,786

24

Morgan Stanley (Money Market Fund)*

$93,230,231

25

Morgan Stanley – Managed Account*

$2,754,383

26

M&T Bank (Money Market Fund)

$87,550,120

28

PFM Money Market Fund (Money Market Fund)

$85,370,613

29

RBC – Managed Account

$3,907,028

32

TD Bank (NOW Account)

$25,209,577

33

The Reserve (Money Market Fund)

$540,547

34

UBS (Money Market Fund)*

$121,366,030

35

US Bank (Money Market Fund)

$361,393

37

Wells Fargo (Money Market Funds)*

$108,907,013

38

Williams Capital (Money Market Fund)

$27,328,008

TOTAL

$2,087,060,681

* Designated as a “global systemically important bank” in Nov. 2012 by the Financial Stability Board. See
Legal Framework for Big Banks Puts Depositors at Risk
for details.