Office of Treasury Operations, Cash Management

Cash Management

Our responsibilities include managing daily cash flows and bank balances, maintaining electronic funds transfers, overseeing fraud control programs, and negotiating banking and financial services contracts. Our duties also include forecasting cash flow, consulting for internal business processes, and using banking services efficiently. We strive to provide modern, cost-effective financial services to University units by means of internal and external resources.

University of Illinois approved depository institutions are as follows:

  • Bank of America, Chicago, Illinois
  • Busey Bank, Urbana, Illinois
  • First Mid-Illinois Bank & Trust, Monticello, Illinois
  • JPMorgan Chase, Chicago, Illinois
  • Seaway Bank and Trust Company, Chicago, Illinois
  • U.S. Bank, Springfield, Illinois

Below are driving directions to our office: