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Arkansas Treasurer of State

www.artreasury.gov

 
The Treasurer of State serves as the State`s banker and is responsible for an investment portfolio of approximately $9 billion. Every day, our staff accepts deposits, reconciles accounts, prepares statements and answers customers` questions. As the bank for the State, the office provides many of the same services as private banks. On average, the office accepts more than $70 million daily in deposits from various local, state and federal sources, and credits them to the proper accounts. These deposits are made up of electronic funds transfers, checks and cash. We process between 2,000 to 3,000 checks and reconcile over 3,000 accounts ...
  • Number of Employees: 250-1000
  • Annual Revenue: $10-50 Million

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The history of Arkansas began millennia ago when humans first crossed into North America. Many tribes used Arkansas as their hunting lands but the main tribe was the Quapaw who settled in Arkansas River delta upon moving south from Illinois. Early French explorers gave the territory its name, a corruption of Akansea, which is a phonetic spelling of the Illinois word for the Quapaw.[1] This phonetic heritage explains why "Arkansas" is pronounced so differently than "Kansas" even though they share the same spelling.[2] What began as a rough wilderness inhabited by trappers and hunters became incorporated into the United States as part of the Louisiana Purchase in 1803 and became Arkansas Territory in 1819. Upon gaining statehood in 1836, Arkansas had begun to prosper under a plantation economy that was heavily reliant on slave labor. After the Civil War Arkansas was a poor rural state based on cotton. Prosperity returned in the 1940s. The state became famous for its political leadership, including President Bill Clinton (Governor, 1979−81 and 1983−92), and as the base for the Walmart corporation.

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