The Honorable Dereck E. Davis

Dereck E. Davis was elected and sworn in as the 24th Maryland State Treasurer on December 17, 2021. In addition to Treasurer Davis’s responsibilities for managing the Office of the State Treasurer, he serves as the chief representative of the state dealing with financial rating agencies and investment banking firms. Additionally, as a Constitutional Officer and a representative of the General Assembly, the Treasurer serves on several key state boards and financial planning committees.

Treasurer Davis chairs both the Capital Debt Affordability Committee and the Commission on State Debt and is a member of Maryland’s Board of Revenue Estimates. The Treasurer also serves as Chair of the Board of Trustees of the Maryland State Retirement and Pension Systems and is a member of the Maryland Environmental Service Board of Directors, the Maryland Coast Smart Council, the Maryland Supplemental Retirement Plans Board of Trustees, the Procurement Improvement Council, and the Maryland Commission on Climate Change. Unique among the Treasurer’s responsibilities is his position on the Board of Public Works with the Governor and the Comptroller. This board oversees a substantial portion of the procurement contracts of the state.

Treasurer Davis represented the 25th Legislative District of Prince George’s County in the Maryland House of Delegates for 27 years prior to being elected Treasurer. As a member of the House of Delegates, Treasurer Davis chaired the Economic Matters Committee. Prior to his chairmanship, Treasurer Davis served on the House Environmental Matters Committee and was the chairman for the Public Utilities subcommittee. In addition, while serving in the House of Delegates, Treasurer Davis was also deputy director for the Prince George’s County Office of Community Relations and was formerly an administrator with the Washington Suburban Sanitary Commission and the Maryland Department of Labor, Licensing and Regulation, and a legislative aide to the Prince George’s County Council.

Treasurer Davis has also been active in numerous national, regional, and state organizations during his career, primarily focused on telecommunications, public utilities, and insurance, and has been recognized by various professional, civic, and community organizations. During his legislative career, he represented Maryland on the National Conference of State Legislatures (Energy and Electric Utilities Committee), the Council of State Governments, and the Southern States Energy Board. Treasurer Davis currently sits on the Executive Committee of the National Association of State Auditors, Comptrollers and Treasurers and the Banking and Pension Committees of the National Association of State Treasurers and was named a 2023 Rodel Fellow.

Born in Washington, D.C and raised in Capitol Heights, Maryland, Treasurer Davis earned both his bachelor’s degree in political science and master’s degree in public policy from the University of Maryland College Park. Dereck and his wife, Monique, have two adult children and reside in Mitchellville.

We are developing an online portal to streamline the process of setting up new agency accounts. In the meantime, please complete this temporary PDF form. To ensure the security of your sensitive information, please only fax the completed form to us at (410) 974-2076 or send via regular mail to the address listed below. We apologize for the inconvenience and appreciate your patience as we transition to the new online system. 


Maryland State Treasurer’s Office 

Banking Services

80 Calvert Street

Annapolis, MD 21401

Lockbox Banking Services

Solicitation Number:

RFP #LB-10192023


Lockbox Banking Services

Issue Date:


Proposals Due: 


Award Date:



Solicitation Letter

Financial Proposal Form


Amendment #2

Questions & Answers #1

Questions & Answers #2 (2 of 2)



The State Treasurer’s Office (“STO”) is an agency of the State of Maryland. Information on Maryland State General Obligation Bonds will be available to you after you read and acknowledge this disclaimer. The Official Statements linked to the Debt Management section of the STO website (the “Official Statements Webpage”) is the only information on this site intended to reach the investing public, including Maryland State General Obligation bondholders, rating analysts, financial advisors, or any other members of the investment community.

Use of this Website

Your access and use of this site is subject to the following terms and conditions and all applicable laws. By accessing and browsing this site, you accept these terms and conditions without limitation or qualification.

Contact Person

If you need help downloading Official Statements or other information, or would like to obtain copies of printed Official Statements, please contact the STO’s Debt Management Division at (410) 260-7920.


All information contained in the STO Official Statements Webpage is obtained from sources believed to be accurate and reliable. Refer to the Official Statement of each series for complete information on that issue. This information, however, is prepared “without audit” unless otherwise identified as audited financial information. Due to the possibility of human or mechanical error as well as other factors, this information is provided “as is” without warranty of any kind and the STO makes no representation, express or implied, as to the accuracy, reliability, completeness, or timeliness of this information, and is not responsible for any loss or damages incurred by parties using this information.

You will need Adobe Reader software to accurately read and print the Official Statements. If you do not have the Adobe Reader, or if you are using a version earlier than the current version, you may obtain an updated version of the Adobe Reader free of charge from the Adobe web site here. Using software other than the current version of Adobe Reader may cause the Official Statements that you view or print to differ from the Official Statements as they were posted on this web site or as they appear in the STO’s printed version. You assume the risk of any such discrepancies as well as any discrepancies related to communication transmission or other printing problems.

The Official Statements located on the Official Statements Webpage have been included for general informational purposes only and no person should make any investment decision in reliance upon the information contained herein. The Official Statements Webpage and the information contained herein do not constitute an offer to sell or the solicitation of any offer to buy any securities. The STO currently anticipates that the disclosure documents prepared from time to time in connection with the offering and sale of securities by the State of Maryland may contain information updating or supplementing the information presented at this website. In addition, certain financial information and operating data, as well as information regarding certain material developments concerning the State of Maryland and securities from time to time issued by it, may be filed with the continued disclosure service established by the Municipal Securities Rulemaking Board known as the Electronic Municipal Market Access “EMMA” system, The STO in its discretion will determine whether to include such updated information on its website or to otherwise supplement, update or modify the information at this website. Furthermore, the information in each document or file is dated as of the date or dates indicated, and the STO disclaims any duty or obligation either to update the information contained at the Official Statements Webpage or to maintain the availability of such information. Such supplemental, updated or modified information may be obtained from the website cited above.

Under no circumstances shall the STO have any liability to any person or entity for (1) any loss or damage in whole or part caused by, resulting from or relating to any error (neglect or otherwise) or other circumstances involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing communicating or delivering any such information, or (2) any direct, indirect, special, consequential or incidental damages whatsoever, even if the STO is advised in advance of the possibility of such damages, resulting from the use of, or inability to use, any such information

Restrictions on use of Website Materials

The STO maintains the Official Statements Webpage to provide you with information, and for education and communication. Please feel free to browse the site. You may download material displayed on this site for non-commercial, personal use only provided you also retain all copyright and other proprietary notices contained on the materials. You may not, however, distribute, modify, transmit, reuse, repost, or use the contents of this site for public or commercial purposes, including the text, images, audio, and video without the permission of the STO.

Archived Documents Acknowledgment

I acknowledge that I am entering an area of the website for historical archived documents; that each archived documents speaks only as of its date; and that the STO has undertaken no obligation to update the information.

Acknowledgement of Disclaimer

I have read the foregoing disclaimer and expressly agree to each of its terms; I also understand that, as indicated above, official forms of disclosure documents are available elsewhere and that material information important to the making of informed investment decisions may have been posted elsewhere.