South Carolina Treasurer

The state treasurer of South Carolina is a constitutional officer in the executive branch of the U.S. state of South Carolina. Twenty one individuals have held the office of state treasurer since it became an elective position in 1865. The incumbent is Curtis Loftis, a Republican.

Powers and duties
The state treasurer is the chief banker and investment officer of the state of South Carolina. As such, the state treasurer manages the cash flows and investments of all state funds and, in so doing, safeguards their assets. In 2022, the state treasury's custodial fund balances were approximately $2.8 billion. Moreover, the state treasurer administers unclaimed property and manages the state's debt. The Office of the State Treasurer also provides certain services to South Carolina residents, including its college and ABLE savings programs.

Aside from their functional responsibilities, the state treasurer is a member of the State Fiscal Accountability Authority (SFAA), an independent agency which also includes the governor, the comptroller general, and the chairs of the budget committees in the General Assembly. The SFAA is generally charged with oversight of state spending and management of state property. In particular, the SFAA acquires insurance for state agencies and local governments, procures goods and services for the operations of state government, and oversees the construction and maintenance of state buildings. In addition, the SFAA appoints South Carolina's state auditor to serve at pleasure.

List of treasurers
Since 1865, the state treasurer has been elected at-large and serves a term of four years.