Rachael Eubanks was appointed as Michigan's 47th State Treasurer by Governor Gretchen Whitmer in January of 2019. She is committed to bringing creativity, collaboration and commitment to identify and implement solutions to some of Michigan's greatest challenges. Treasurer Eubanks builds upon Treasury's culture of service to Michiganders through continuous improvement and employee engagement, which are the foundation of Treasury's mission to provide fair and efficient financial services to all taxpayers for the long-term fiscal health and stability of the state.In 2016 she was appointed by former Governor Snyder to serve on the Michigan Public Service Commission as a utility regulatory commissioner. In that capacity, she reviewed and voted on hundreds of orders that helped shape Michigan's energy future. Prior to that role, Treasurer Eubanks structured more than $25 billion in bond financings for public entities, primarily the state of Michigan, State Building Authority, Michigan Finance Authority and the Michigan Strategic Fund. Treasurer Eubanks also served as point of contact for credit rating agencies on state credit matters for ten years.Treasurer Eubanks obtained her bachelor's degree in economics from the University of Michigan. She serves on the National Association of State Treasurers' Executive Committee, Finance Committee, and the State Debt Management Network. She was on the Board of Michigan Women in Finance from 2008-2013 and was elected Treasurer and President.
