About The Office

Mission

The mission of the Office of the General Treasurer is to promote economic growth and financial security for all Rhode Islanders.

The Office works to protect the State’s assets with sound investments and strengthen the State’s financial position. The Office operates with greater transparency and accountability, and ensures that Rhode Islanders benefit from exceptional performance through all the programs the Office manages.

AnchorHome

RI AnchorHome is a new initiative of the Rhode Island Office of the General Treasurer, launched in partnership with local financial institutions to help more Rhode Islanders achieve the dream of homeownership while strengthening communities across the state. Through the strategic use of State deposits, RI AnchorHome makes it possible for participating lenders to offer more affordable mortgage options to eligible first-time homebuyers—without the State acting as the lender.

RISavers

RISavers was passed by the Rhode Island General Assembly and signed into law by the Governor in 2024 to promote individual retirement savings. The Rhode Island Office of the General Treasurer is sponsoring the workplace retirement savings program for employees who do not otherwise have access to a retirement savings plan through their employer. Employees will be automatically enrolled in a Roth IRA Account. Once enrolled, the account will be funded from an employee’s wages unless the employee opts out.

Unclaimed Property

Each year, the Treasurer’s office receives millions of dollars of Rhode Islanders’ missing money, and the Treasurer’s office works to reunite this money with its rightful owner. The Treasurer has returned $73 million of Unclaimed Property to nearly 100,000 Rhode Islanders.

Crime Victim Compensation Program

If you or a loved one has been a victim of violent crime in Rhode Island and you need assistance, the Crime Victim Compensation Program may be able to help. The program received over 1,000 claims in 2020, including 234 claims for children who need mental health services after witnessing acts of domestic violence. 

CollegeBound Saver

CollegeBound Saver, Rhode Island’s 529 tuition savings plan, has emerged as a nationally recognized program to help families save for the cost of education. Since 2020, CollegeBound accounts can now be used to pay for apprenticeship programs, which are valuable for workers who are at the beginning of their career or are considering a career change. 

Financial Empowerment Roundtable

Members of the Financial Empowerment Roundtable are working to guarantee that all Rhode Islanders have access to financial education and safe, affordable financial services. The Treasurer leads the advocacy efforts to ensure all Rhode Island high school students will receive personal finance education before they graduate.

The Office of the General Treasurer, with its commitment to affirmative action and equal employment opportunity, continues to uphold non-discriminatory selection policies and practices.