Prime-style local government investment pool 

Current and historical rate information

A comprehensive introduction to the North Carolina CLASS portfolio 
Get to know our diverse and experienced public finance officials who oversee the program
Our administrator, auditor, custodian, and legal counsel
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North Carolina Cooperative Liquid Assets Securities System

Investment Solutions Designed For North Carolina Local Governments

North Carolina CLASS Mission

The purpose of North Carolina CLASS is to provide the opportunity to conveniently invest funds on a cooperative basis in short-term investments that are carefully selected and aim to provide safety and liquidity while prioritizing yields.

“North Carolina CLASS was created in response to a growing demand by North Carolina governmental entities for a liquidity option that is governed by a Board of their peers. Operating with the best interests of the Participants in mind, the fund is an investment option and diversification tool for your short-term investments. North Carolina CLASS offers a safety-first investment management option with transparent program governance.”

– Drew Holland, North Carolina CLASS Board of Trustees Chairperson 

North Carolina CLASS Board of Trustees

Comprised of public finance officials with diverse skill sets, experiences, and backgrounds to better guide your investments

North Carolina CLASS Prime Portfolio as of December 3, 2023

Daily Yield (%) 5.5120
YTD Yield (%) 5.3436
7-Day Yield (%) 5.5419
30-Day Yield (%) 5.5536
Weighted Average Maturity (To Reset) 52
Weighted Average Maturity (To Final) 67
Daily Dividend 0.000151013
Net Asset Value (NAV) 0.99975228

Historical Yields

How Much Could You Have Earned With North Carolina CLASS?

You would have earned


on your investment if you started on


Yields Disclaimer

Designed for North Carolina Units of Local Government

Join North Carolina CLASS

North Carolina CLASS provides local governments the opportunity to pool their funds together with the goal of collectively earning interest on investments. Our philosophy is to provide competitive returns while focusing on safety and liquidity. North Carolina CLASS provides a comprehensive approach to the management of your funds. Joining is simple; click the button below to get started today!

Insights for Investors

To Hike or Not To Hike.

October 2023 Economic Review Economic data continues to make the Fed’s job challenging as we enter the last two meetings of the year. Inflation was slightly hotter than we expected

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More Work to be Done.

September 2023 Economic Review The Consumer Price Index (CPI) climbed 0.6% in the month of August, representing a 3.7% rise year-over-year. U.S. economists were slightly more optimistic, forecasting a 3.6%

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Data unaudited. Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses. For more information on historical yields and performance, please click here.

Drew Holland

Drew Holland is the Finance Director for the Town of Hope Mills and has been with the town for nearly a decade. Drew is responsible for the town’s financial operations in addition to all finance-related matters. Prior to joining the Town of Hope Mills, he was with the City of Dunn and the Town of Holly Springs, both in North Carolina. He’s been in municipal finance for nearly thirty years.

Prior to his municipal finance work, he worked in the finance department of an advertising agency in Raleigh and for a CPA firm in Fuquay-Varina. In addition to tax returns and bookkeeping, he worked on Municipal Audits. Drew earned a Bachelor of Business Administration from Campbell University.

Kimberly Ostrom 

Kimberly currently serves as the Director of Finance for the City of New Bern. She oversees an annual budget of approximately $140 million. Kimberly began her career in government finance where she served the Michigan public school system for over 20 years in various leadership roles. She has extensive experience with managing budgets, compliance monitoring of Federal and state funds, developing effective policies and procedures, and establishing strong internal controls.

Kimberly is a member of North Carolina Local Government Budget Association and the Government Finance Officers Association (GFOA) and serves on the Advisory Committee for Craven Community College. The City of New Bern recently received the city’s first GFOA Distinguished Budget Award and published the city’s first Popular Annual Financial Report (PAFR) under her direction. Adding to the firsts for the City of New Bern, Kimberly is very excited to be joining North Carolina CLASS as one of the founding members.

Deanna Rios


Deanna is the Finance Director of Lincoln County and is responsible for the management of the Finance Department, administering a $140M budget for approximately 90,000 residents. While at Lincoln County, Deanna created the investment program where she has successfully coordinated and implemented a financial software conversion for the county’s general ledger, payroll, and utilities functions. Her responsibilities include the annual budget, annual audit, and the publishing of the county’s Annual Comprehensive Financial Report.

Prior to this role, Deanna served as the Finance Director for the Town of Sawmills and was the Finance Officer for the City of Hickory. Deanna graduated from California State University at Sacramento with a masters degree in accounting with a concentration in taxation and has been a Certified Public Accountant since 2002.

Tiffany Murray 

Tiffany Murray serves as the Finance Director for Gaston County. She has nearly two decades of local government finance experience including tenures at both Mecklenburg County and Wilson County.

Tiffany received a Bachelor of Science in Accounting from the University of North Carolina at Greensboro and a Master of Business Administration from Pfeiffer University. She is a Certified Local Government Finance Officer (CLGFO), and she currently serves as a Director on the North Carolina Government Finance Officer Association Board as well as Vice President on the North Carolina Local Government Investment Association Board.

Rodney Miller

Rodney is the CFO/Deputy City Manager at the City of Hickory with a strong background in governmental accounting and finance. He previously served as the City of Hickory’s Assistant Finance Director for six years before going to work for Catawba County as Finance Director in 2001. After serving in that position at the County for 14 years, Rodney returned to the City of Hickory to serve as Assistant City Manager and Chief Financial Officer (CFO) in June 2015. Rodney holds a bachelor’s degree in accounting from NC State University. He is a Certified Local Government Finance Officer in the state of North Carolina and an active member of the NCGFOA, NCCCMA, and NCLGIA and multiple other state organizations.