Pennsylvania Treasury

The Pennsylvania Treasury Department is the custodian of more than $150 billion in state funds and is responsible for the receipt and deposit of state funds, investment management and oversight of withdrawals and deposits from state agencies. Treasury manages the PA 529 College and Career Savings Program, Keystone Scholars, the PA ABLE Savings Program for people with disabilities, the INVEST program for local gov’t agencies and nonprofits, and PA’s unclaimed property program. ABOUT TREASURER STACY GARRITY As the 78th Treasurer of the Commonwealth of Pennsylvania, businesswoman and retired U.S. Army Reserve Colonel Stacy Garrity is focused on transparency, cutting waste and fees, returning more than $4.5 billion in unclaimed property to its rightful owners, and making education affordable for Pennsylvanians. Stacy is a fiscal watchdog tasked with protecting more than $150 billion. She has returned more than $650 million worth of unclaimed property to the rightful owners, setting a record for the most ever returned in a single year. She manages PA 529, which earned its first-ever Gold Rating from Morningstar in 2023, and PA ABLE, which has grown to become one of the largest ABLE programs in the nation, along with Keystone Scholars and INVEST. She has cut fees for both PA 529 and PA ABLE multiple times – saving account owners more than $11 million. In the U.S. Army Reserve, Stacy served three overseas deployments in defense of the United States. As one of the officers in charge of Camp Bucca, an internment camp for enemy combatants in Iraq, she kept the camp secure and American troops safe without a single complaint of abuse from the Iraqi soldiers interned there. As a businesswoman, Stacy started work as a cost accountant at Global Tungsten & Powders in Towanda, the largest tungsten smelter in the western world, and worked her way up to become the first of two female vice-presidents. Her work at GTP included business trips to dozens of countries around the world.