Treasury

UND Treasury contributes to protecting UND’s financial resources by overseeing investments and cash flow, managing banking relationships and bank account accuracy, and coordination of credit card acceptance.

Key functions include monthly cash and investment reconciliations, daily banking operations, processing of department deposits, assisting departments with PCI compliance, creation of Nelnet storefronts, and guidance to departments on Treasury related questions.

Treasury Resources

Bank Accounts

UND is bound by NDCC 54-06-08.1 and SBHE 810 (4) when establishing bank accounts, petty cash or till funds. A UND department is not allowed to open a bank account. All UND bank accounts are established with UND's Federal tax ID number and are established by the UND Director of Treasury.