About Us

Banking & Cash Management

  • Oversight of University of Iowa bank accounts, including account administration and user authorization
  • Negotiation of contracts for credit card processing and lockbox receivable processing services. Ongoing monitoring of activity to ensure optimal pricing and consistent service levels
  • Review and validation of daily bank transactions. Initiation of cash transfers for cash management and investment purposes
  • Long-term and daily cash forecasting, including daily evaluation of cash positions to ensure appropriate investment of funds


  • Monitor performance of externally managed investment pools:
    • Long term pool (includes endowment funds)
    • Intermediate pool
    • Operating pool
  • Assure compliance with Iowa Code, Board of Regents, State of Iowa Investment Policy, University bond indentures, University policies and generally accepted accounting policies
  • Direct responsibility for investment of restricted and unrestricted operating funds
  • Administration of all endowment and quasi endowment funds in the long term and intermediate investment pools

Debt Service

  • Bond Registrar and Paying Agent