Treasurer Stacy Garrity Encourages Eligible Organizations to Invest in Their Future with INVEST PA

Harrisburg, PA - Pennsylvania Treasurer Stacy Garrity is urging local governments and nonprofits to put their funds to work through Treasury's INVEST PA program, a family of highly rated investment pools designed to help eligible organizations manage and maximize their funds.

"INVEST PA gives local governments and nonprofits a smart, flexible way to make the most of their resources while staying focused on their financial goals. I encourage eligible organizations to explore the program and see how INVEST PA can help their funds work hard for the communities they serve."

Administered by Treasury for more than 30 years, INVEST PA has helped participants conserve principal, maintain flexible access to their funds and contain investment costs. The program offers daily liquidity, no minimum balances, no minimum deposits and no limit on the number of transactions. INVEST PA is also the only State Sponsored Local Government Investment Pool (LGIP) in Pennsylvania.

INVEST PA offers two investment pools: the Daily Pool for local government entities and the Community Pool for nonprofit organizations. Both pools maintain the highest rating of AAAm from Standard & Poor's.

Eligible participants include Pennsylvania counties, municipalities, school districts, municipal authorities and other local government entities, as well as qualifying nonprofit organizations.

"The INVEST PA Program is an important resource for local governments like Lackawanna County because it provides secure, flexible and efficient ways to manage public funds - while maintaining the liquidity we need to meet our obligations. I appreciate the PA Treasury's continued commitment to providing responsible investment options, and the enhancements made to the program."

"As a program who participates in the Pennsylvania Treasury's INVEST PA program, the Pennsylvania Association of Nonprofit Organizations (PANO) continues to appreciate the program's excellent customer service, the ability to withdraw funding as needed without the time restrictions often experienced with more traditional investment opportunities, and a better than typical return. We highly recommend this program as a resource for other nonprofits in the Commonwealth."

INVEST PA continues to grow with more than 400 participants, including over 180 nonprofits and more than 220 local government entities, with assets totaling $1.5 billion. Treasury recently announced that nonprofit participants have invested more than $100 million with Treasury's Community Pool.

In November 2025, the program transitioned to Pittsburgh-based Federated Hermes as its program manager, resulting in lower fees, higher yields, extended trading hours, improved customer service, a new website and more.

"INVEST PA has grown into an important resource for organizations across the Commonwealth, and we are proud to see more than 400 participants putting the program to work. Whether they are managing day-to-day cash flow or planning for future expenses, INVEST PA provides organizations with the tools they need to manage their funds effectively."

To learn more about INVEST PA, or to become a participant, visit patreasury.gov/INVEST, or follow the program on LinkedIn at LinkedIn.com/company/invest-pa.

To learn more about the Pennsylvania Treasury, visit patreasury.gov. For the latest Pennsylvania Treasury news and updates, follow PA Treasurer Stacy Garrity on Facebook and @PATreasury on Instagram. You can also sign up for Treasury's newsletter here.