The Pennsylvania Local Government Investment Trust

PLGIT was created in 1981 to meet the short-term investment needs of local governments, school districts, municipal authorities, and other types of governments in the Commonwealth of Pennsylvania. We now serve more than 2,900 public entity investors across the Commonwealth and cooperatively invest more than $3.5 billion* across multiple programs.


The PLGIT Advantage 

PLGIT offers a wide array of investment options and cash management services to our Investors, including the following:

  • No minimum investment or balance requirements for PLGIT-Class shares;

  • Fixed-rate, fixed-term investment options, including FDIC-insured CDs;

  • Unlimited number of accounts;

  • Unlimited checking;

  • Unlimited next-day transfers;

  • Up to 2 same-day transfers each month at no cost;

  • Direct Deposit of subsidy payments and other revenues;

  • Online account access, transactions, and online statements; and

  • Quick, knowledgeable phone support.