Created in 1975 by the General Assembly, the Illinois Funds was the first local government investment pool established so communities statewide could invest their money together to earn greater returns.
The fund is designed to obtain the highest available return while accommodating cash flow needs. Governments can invest wisely and prudently without having to hire additional staff or consultants, and in doing so, they extend the reach of their financial resources to provide better services to their communities.
- Free online account access to view transaction history, perform financial transactions, including account inquiries, transfers, purchases and redemptions.
- No minimum balance requirement
- Monies invested are available at all times (invest one day, withdraw the next)
Government agencies participating in E-Pay services under the Illinois Funds will have their funds deposited into their Illinois Funds investment account(s) daily. To learn more visit the E-Pay Website.
The below link will become live at 8am CST on 2/16/2016.