Prime-style local government investment pool
How much could you have earned with Oklahoma CLASS?
Getting started is easy; join today and start earning tomorrow!
Getting started is easy; join today and start earning tomorrow!
What is Oklahoma CLASS? Oklahoma Cooperative Liquid Assets Securities System (Oklahoma CLASS) is a commingled investment pool established by an interlocal agreement in accordance with Oklahoma law permitting local governments to pool idle funds in order to invest such funds and earn interest in accordance with, and as authorized under 62 Oklahoma Statutes 2021, §348.1 et seq. and other applicable provisions of Oklahoma law. Oklahoma CLASS was organized in 2024 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 goals of providing program safety, liquidity, and competitive rates of return as further defined within the Oklahoma CLASS Information Statement.
Oklahoma CLASS is open to all governmental entities within the state of Oklahoma that are authorized to invest in a qualified pooled investment program, which may include but not limited to the following: any county, municipality, or any other political subdivision of a city or municipality. Oklahoma CLASS is an intergovernmental investment pool authorized under 62 Oklahoma Statutes 2021, §348.1(A)(6) and was created by an interlocal agreement by and among state public agencies (the Interlocal) as described in 74 Oklahoma Statutes 2021, §1001 et seq., as amended.
New governmental entities looking to invest in either of the Oklahoma CLASS portfolios will first need to complete the Oklahoma CLASS Registration Packet. For more information, please contact the Oklahoma 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 the Oklahoma CLASS portfolio.
Oklahoma CLASS can provide governmental entities with a comprehensive, professionally managed approach to investing your funds. Oklahoma CLASS currently offers:
Prime-Style
Operating Funds
Daily
Day-to-Day
Oklahoma CLASS provides governmental entities 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 Oklahoma CLASS today by clicking the button.
Oklahoma CLASS is not a bank. An investment in Oklahoma CLASS is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Oklahoma CLASS prime-style fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. Please review the Oklahoma CLASS Information Statement(s) located in the Document Center before investing. 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. 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.
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