The West Virginia State Treasurer’s Office handles investment activity at the participant account level. Procedures for “Opening an Account”, “Investing in the BTI Pools”, and associated forms are detailed below:
Once your account is established, contributions and withdrawals can be completed daily for the West Virginia Money Market and the West Virginia Government Money Market pools. Activity for the West Virginia Short Term Bond pool is processed on the first working day of each month.
The most efficient way to conduct investment account activity is to use iPAS – the Internet Participant Access System. If you have not completed an iPAS application, please contact Diane Holcomb, Director of Participant Account at (304) 340-1573 or at firstname.lastname@example.org.
If you are unable to utilize the Local Government Online system (iPAS), the Deposit, Withdrawal and Transfer forms may be used to request transactions.
The deadline for same-day processing, regardless of the method used to request transactions, is 9:00 a.m. Requests received after 9:00 a.m. will be held for next-day processing.
ACH transactions will settle the business day following the process date. The Treasurer's office will initiate all ACH transactions.
Wire transactions will settle the same day as the processing date. You must instruct your bank to initiate wires related to deposits. Please contact Participant Accounting using the phone number indicated on the Deposit Request form for wiring instructions.
IMPORTANT: If you change bank accounts or account signatories, please contact Participant Accounting immediately at email@example.com or 304 340-1577.
Monthly statements are available through iPAS. Please contact Participant Accounting if you do not have an iPAS logon or need assistance in accessing the statement(s) for each participant account.