Idaho State Treasurer's Office
About Our Office
Biography

Biography

Ron G. Crane was born in Nampa, Idaho. He is a graduate of Nampa Christian High School and later graduated from college with an Associate's Degree. He served as a member in the Idaho National Guard from 1971 -- 1977, receiving recognition as Idaho's Soldier of the Year in 1975.

As State Treasurer, Mr. Crane is responsible for management of both the state and local government investment pools with a daily balance in excess of $2.2 billion dollars. He directs receipt of all state monies, the accounting and disbursement of public funds, invests general account and pooled agency cash in government securities, bank certificates of deposit and commercial paper to produce significant new non-tax revenue for the State of Idaho. He oversees issuance of instruments of state debt and pays all warrants issued by the State Controller's Office. He directs the investments of the Idaho Millennium Fund which can be invested in the stock market.

As Treasurer, Mr. Crane is a member of the State Board of Canvassers, administrator of the Local Government Investment Pool , custodian of Idaho Endowment Funds, custodian of Worker's Compensation security deposits made by insurance companies, administrator of the Underground Storage Tank Upgrade Assistance Account, and is an ex-officio advisor to the Idaho Housing and Finance Association. He is chairman of the College Savings Plan advisory board, Chairman of the Idaho Municipal Bond Bank and Chairman of the Idaho Credit Rating Enhancement Committee . He received a national award from the US Small Business Administration for innovative programs that provide capital to Idaho small businesses by founding the Prime Rate Loan Program know as " Idaho Prime ".

Prior to his election as Treasurer in 1998, Mr. Crane served 16 years in the Idaho House of Representatives. While there, he chaired the House State Affairs Committee for 4 years and the Business Committee for 7 years. He also served as co-chairman of the Interim Committee on Electrical Restructuring. During his public service, he received the Guardian of Small Business Award from NFIB and the Legislative Champion of the Family Award.

Mr. Crane started his own successful business, Crane Alarm Service, over 28 years ago. Today, Crane Alarm is one of the oldest and largest alarm companies in Idaho. He is a member of the Nampa and Caldwell, Idaho Chambers of Commerce, was a founding member of the Lifeline Crisis Pregnancy Center, and serves on the board of trustees for Nampa Christian Schools.

Mr. Crane has been married for 37 years to his wife, Cheryl. They have 6 children, 4 girls and 2 boys, and three grandchildren. The Cranes reside in Nampa, Idaho.