Centralized Treasury and Securities Management Division
Item Processing
The State Treasurer’s Office, Item Processing Section (IPS) is responsible for redeeming all items presented by banks for payment (about 68,876 items daily), for handling forgeries, and managing Stop Payments. The IPS processes the following item types:
- State Controller’s warrants
- Agency trust checks issued by state agencies and departments
- Employment Development Department (EDD) Disability Insurance (DI) Checks
- EDD Unemployment Insurance (UI) Checks
- Department of Public Health Farmer’s Market checks, and
- Department of Food and Agriculture (CDFA) senior farmer’s market checks.