Deposit of Funds into the Court
A court order signed by the presiding judge is required before funds will be accepted and receipted into the Registry. The instrument to be deposited into the court should be made payable to "Clerk, U.S. District Court". No third party checks are accepted. The funds will be held in the Registry Fund of the Treasury unless governed by Fed.R.Civ.P 67, directing funds to be deposited into an interest bearing account.  For Rule 67 deposits, the CRIS investment pool (Liquidity, Minor, or DOF) should be referenced in either the motion or the court order.

Held in the Treasury
Funds not deposited under Rule 67 will be deposited directly into the Treasury.  No interest is earned or accrued when held in the Treasury.  Funds are disbursed as directed by order of the court.

Held in CRIS
Funds deposited under Rule 67 will be invested in Government Account Series securities within the Court Registry Investment System (CRIS). An investment account will be opened for each case, and the funds will be held in the CRIS pool referenced in the court order.

Funds are disbursed from an investment account only upon an order of the court and are subject to a fee pursuant to General Order 17-1 dated March 23, 2017.  The basis points for fees vary and are assessed from interest earnings before interest is posted to an investment account. 

A proposed order for disbursement of funds should be emailed to chambers and must contain the following information:

• The principal sum initially deposited
• The amount or percentage of principal to be disbursed to each party
• The percentage or proration of accrued interest to be disbursed to each party
• To whom exactly each disbursement check should be made payable
• Full mailing instructions for each disbursement check, including full street address and zip code
• For the purposes of 1099 reporting, a completed and signed IRS W-9 Form for CRIS disbursements must be forwarded to Financial before the funds will be released.  The completed W-9 forms should be emailed to Financial@alnd.uscourts.gov, and need not be included as an attachment to the motion. A 1099 for interest will only be issued if the amount of interest is $10.00 or more for the recipient.