Which financial institutions hold the $3 billion in D.C. government deposits? This table from September 30, 2015 shows aggregate account balances by financial institution. Information provided by the D.C. Office of the Chief Financial Officer.
| DC Government |
Financial Institution Deposits & Investments | |
| Institution | Type of deposit | Balance as of 9/30/2015 |
| Alliance Bernstein | Money Market Fund | 9,022,109.00 |
| Bank of America* | Money Market Fund | 296,342,484.91 |
| Bank of Georgetown | CD | 40,000,000.00 |
| Branch Banking & Trust Co. | NOW | 100,000,000.00 |
| Blackrock (FFI) | Money Market Fund | 223,853.17 |
| Cardinal Bank | CD | 10,000,000.00 |
| Citibank* | Money Market Fund | 133,508,355.00 |
| City First Bank | CD, NOW account | 10,000,000.00 |
| Colombo Bank | CD | 30,000,000.00 |
| Dreyfus | Money Market Fund | 311,019,587.47 |
| DWS MM Series Instit | Money Market Fund | 28,097,223.00 |
| Eagle Bank | CD | 55,000,000.00 |
| Federated | Money Market Fund | 270,746,618.17 |
| Fidelity | Money Market Fund | 303,101,964.59 |
| First American Prime | Money Market Fund | 9,797,223.59 |
| Goldman Sachs* | Money Market Fund | 334,560,254.94 |
| Industrial Bank | CD, Sweep | 15,000,000.00 |
| JP Morgan Chase* | Money Market Fund | 195,108,703.50 |
| Morgan Stanley* | Money Market Fund | 4,306,741.50 |
| PFM | Money Market Fund | 25,648,208.27 |
| Premier(Adams) Bank | CD | 10,000,000.00 |
| Public Financial Mgmt, Inc.(DTC) | Money Market Fund | 7,668,939.81 |
| UBS* | Money Market Fund | 33,860,037.95 |
| US Bank | Money Market Fund | 787,698.81 |
| Washington First | CD | 15,000,000.00 |
| WAMCO | Money Market Fund | 338,062,514.76 |
| Wells Fargo Bank* | Money Market Fund | 327,987,138.00 |
| Wilmington MMF | Money Market Fund | 175,259,738.19 |
| Total | 3,090,109,394.63 |
* Designated as a “global systemically important bank” in 2015 by the Financial Stability Board. See Legal Framework for Big Banks Puts Depositors at Risk for details.
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