About LocalTrust: Texas

LocalTrust is a state-authorized Local Government Investment Pool established exclusively for Texas governmental entities, municipalities, counties, school districts, and other public agencies. We combine short-term public funds into a professionally managed investment portfolio, governed under the Texas Public Funds Investment Act and overseen by an independent Board of Trustees.

We operate transparently under regulatory exemptions for government pools, offering daily interest accrual and daily liquidity in a secure investment environment.


Aerial view of the Texas State Capital

Our Mission

 

LocalTrust's mission is to serve every member of the municipal community by meeting their investment needs with excellence and integrity. We are committed to delivering outstanding service and execution through innovative tools and a state-of-the-art investment portal, making it easier for local governments to manage public funds securely and efficiently.

Why Choose Texas LocalTrust

  • Icon of ledger and dollar symbol with arrows going in each direction

    Unlimited Transactions

     

  • Icon of dollar leaves on a tree

    No Fees

     

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    Unlimited Sub-Accounts

     

  • Icon of two people with arrows and money going in each direction

    Participant to Participant Transfers

     

  • Icon of calendar with check mark for future dated transactions

    Future Dated Transactions

     

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    Online 24/7 Access

     

  • Icon of direct deposit of state payments
    Direct Deposits of State Payments

Our product pools

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Government Pool

The Government Pool invests exclusively in U.S. government and agency securities, prioritizing safety of principal and daily liquidity under a stable $1.00 NAV.

 

Learn more

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Prime Pool

The Prime Pool expands investment options to include authorized instruments such as CDs and high-quality commercial paper, offering flexibility while maintaining liquidity and capital preservation.

 

Learn more

Work with a LocalTrust team member to get started now.

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Helpful resources