South Carolina treasurer Curtis Loftis briefed Capital Rotary members on his role as the state’s “private banker” when he served as the club’s guest speaker Aug. 1. Loftis said his office manages, invests and maintains custody of tens of billions of dollars in public funds. As “the taxpayer’s friend,” Loftis said he is committed to transparency and accountability in improving cash flow and eliminating fraud, waste and abuse. He touted the success of the Unclaimed Property Program that has returned more than $137 million in unclaimed funds to state residents. Loftis also praised growth in South Carolina’s Future Scholar 529 College Savings Plan, where he has overseen an increase in the number of enrollees to 145,000 accounts and total assets of $3.34 billion. A 1981 University of South Carolina graduate, Loftis is a member of Cayce-West Columbia Rotary and serves on a number of state and national boards and commissions.
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