Office of Financial Management Information on a State Bank

What Is the Role of a ‘State Bank’ in the WA State Treasurer’s Race?  Pt. 6 / Office of Financial Management Information    1]  North Dakota’s  deposits in their state bank earn .05%. / 2]  In the latest study over the same time period,WA’s General Fund money earns 1.65%. That's 33 times as much. / 3]  Money to finance the state bank could come from bonds, the fees & interest for which would be passed on to member borrowers. / 4] Margin on bond rates would be the rate that matters, not the level of interest rates. 

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