State Treasurer Ken Simpler announces the launch of Delaware’s ABLE Plan. Similar to a college savings plan DEPENDABLE is a 529(a) tax-deferred savings account that can be used to pay for many daily, disability-related expenses. Click here to open an account or for More Info logo

Kenneth A. Simpler
State Treasurer

Banking Services Unit

This unit is responsible for the design and implementation of the State’s banking architecture including the infrastructure for secure information exchange and transaction processing. Banking services sets and manages daily cash positions to ensure the operational liquidity needs of state agencies while minimizing idle money balances. Our goal is to enhance understanding of State’s cash flows and operational liquidity.


The Unit is currently engaged in a Banking Structure Review Project with a Task Force comprised of various State Agencies. To learn more about the Project, click here,  to preview the work of the Task Force click here, and to read the final report click here.

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