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.