The U.S. Treasury Department has an account with the Federal Reserve Bank. The U.S. Treasury actively uses that account to deposit their money at the Fed whenever they collect taxes or get money from other sources. The U.S. Treasury Department does not normally deposit their money with the big U.S. banks like Bank of America, Wells Fargo, or Chase. (Hint: Page 299) Multiple Choice O This is totally false. The U.S. Treasury has their largest account with Bank of America. This statement is true. O The U.S. Treasury deposits most of their money with the World Bank. O The U.S. Treasury deposits most of their money with the International Monetary Fund