The North Carolina CLASS Participant Portal will be unavailable this Saturday, October 5, from 9:00 a.m. to 4:00 p.m. ET for routine maintenance. We apologize for the inconvenience.
Prime-style local government investment pool
Current and historical rate information
Getting started is easy; join today and start earning tomorrow!
North Carolina League of Municipalities
The North Carolina Cooperative Liquid Assets Securities System (North Carolina CLASS) is an investment pool created by an Interlocal Agreement and an Indenture of Trust, pursuant to N.C.G.S. Section 159-30 (c)(10). North Carolina CLASS was organized in 2023 and provides a professionally managed investment program. Funds of the Participants are invested in prime or high-grade, short-term fixed income instruments selected with the goal of providing program safety, liquidity, and competitive rates of return as further defined within the North Carolina CLASS Information Statement.
The management of North Carolina CLASS is under the direction of a Board of Trustees comprised of eligible Participants of the North Carolina CLASS program. The Board of Trustees has appointed Public Trust Advisors, LLC to serve as the Investment Advisor and Administrator of the program and has appointed Fifth Third Bank as the Custodian.
Participation in North Carolina CLASS is available to any unit of local government pursuant to N.C.G.S. 160A-460 through N.C.G.S. 160A-464.
New local governments looking to invest in North Carolina CLASS will first need to complete the North Carolina CLASS Registration Packet. For more information, please contact the North Carolina CLASS Relationship Team to receive the necessary paperwork to get started.
No, there is no limit to the number of subaccounts a Participant may have.
There is no minimum investment amount for North Carolina CLASS.
Prime-Style
‘AAAm’ Rated by S&P Global Ratings*
Transaction Confirms, Monthly, & On-Demand Statements
Unlimited
Accrue Daily
North Carolina CLASS provides local governments with the opportunity to pool their funds together with the goal of collectively earning interest on investments. Our philosophy is to provide competitive returns while prioritizing safety and liquidity.
Learn more about North Carolina CLASS today by clicking the button.
*North Carolina CLASS is rated ‘AAAm’ by S&P Global Ratings. A ‘AAAm’ rating by S&P Global Ratings is obtained after S&P evaluates a number of factors including credit quality, market price exposure, and management. For a full description of rating methodology, please visit www.spglobal.com. Ratings are subject to change and do not remove credit risk.
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. North Carolina CLASS is not a bank. An investment in North Carolina CLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although North Carolina CLASS seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. Please review the North Carolina CLASS Information Statement before investing. For risks associated with investing in a prime-style local government investment pool, please click here. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.