State Treasurer to Increase LAIF Deposit Limit
For those of you that were unable to attend the LAIF Conference 2019, State Treasurer Fiona Ma announced that effective January 1, 2020 she will increase the Local Agency Investment Fund’s deposit limit for regular accounts to $75 million from the current $65 million.
Previously, the most recent deposit limit increase to $65 million from the previous $50 million occurred in January 2016.
Please direct questions regarding the LAIF policies to the LAIF staff at (916) 653-3001.