INVEST PA is a family of highly rated investment pools designed specifically for Pennsylvania local governments and nonprofit organizations. With a goal of safety of principal, liquidity, and competitive yield, INVEST PA can provide participants with professionally managed cash investment solutions tailored to meet short-term and operational funding needs. The program’s Daily Pool and Community Pool are overseen by the Pennsylvania Treasury and managed by Federated Hermes, one of the nation’s leading institutional liquidity managers. Both pools have earned the highest money market fund rating from S&P Global Ratings (AAAm), reflecting their commitment to prudent investment management and credit quality.

Through INVEST PA, participants gain access to diversified investment portfolios, daily liquidity, online account management tools, unlimited transactions, and dedicated participant support. The program combines the oversight and stewardship of the Pennsylvania Treasury with Federated Hermes’ decades of experience managing public sector assets and liquidity strategies across the country. By pooling assets and leveraging institutional investment experience, INVEST PA can help local governments and nonprofit organizations efficiently manage public funds while pursuing stability, flexibility, and competitive returns.

An investment in the Pools is not insured or guaranteed by any government or government agency. Although the manager of the Pools seeks to preserve principal, it is possible to lose money by depositing money in the Pools.
An 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.
Ratings are subject to change and do not remove market risk.