About LocalTrust Texas
LocalTrust is a local government investment pool established exclusively for Texas governmental entities, including municipalities, counties, school districts, and other public agencies.
LocalTrust operates as a pooled investment program for short-term public funds, governed under the Texas Public Funds Investment Act and overseen by an independent Board of Trustees.
The program operates within applicable regulatory frameworks, with daily interest accrual and daily liquidity.1
Our mission
LocalTrust’s mission is to support the investment needs of the municipal community through a pooled investment program and convenient access to pooled investment options.
Participant features
Unlimited transactions
No transaction fees
Unlimited sub-accounts
Participant-to-participant transfers
Future-dated transactions
Online account access
Investment pools
Invests primarily in U.S. government and agency securities, with a focus on security of principal and daily liquidity1, and designed to maintain a stable $1.00 net asset value.2
Includes eligible instruments such as certificates of deposit and highly rated commercial paper, structured to maintain liquidity and preserve capital.
Helpful resources
1 Cut off times apply.
2 While the LocalTrust investment pools seek to maintain a stable net asset value of $1.00 per share, it is possible to lose money investing in LocalTrust. Investors should consider the investment objectives, risks, charges, and expenses before investing in any of the LocalTrust investment pools.