As of OCT 21, 2026
NCIP
3.95%1
7-Day Yield
3.95%1
1-Day Yield
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Investing With NCIP

NCIP offers a range of services to assist participants with their investment and arbitrage compliance needs. Learn more today

Why invest with NCIP?

The North Carolina Investment Pool (the NCIP or Pool) is a commingled local government investment pool established to invest idle funds in various short-term investments in accordance with North Carolina General Statute 159-30. NCIP is duly authorized under North Carolina General Statute 159-30(c)(10). It was created by an interlocal agreement established under North Carolina General Statute 160A-461 through 464, and is administered by a statutorily compliant trust for the benefit of North Carolina units of local government.

Pool Highlights

The NCIP Advantage

NCIP offers multiple options to meet our participants investment needs.

Highlights Include:

  • Liquid and fixed-rate, fixed term investment options
  • No minimum balance requirements
  • No transaction charges or fees
  • Term maturities ranging from 60 days to one year
  • Complementary arbitrage rebate services for bonds and other tax-exempt debt obligations
  • 24/7 account management via Connect
Learn More How to Join

Sponsors and Trustees

Program Sponsors and Board of Trustees

NCIP was built with transparency and accessibility in mind. It aims to empower its participants to manage public funds with confidence.

The Pool is led by a Board of Trustees, made up of North Carolina local government members, and sponsored by the North Carolina Association of County Commissioners (NCACC).

View our Sponsors View Our Board of Trustees

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  1. The Current 7-Day and 1-Day yields for NCIP are as of the date indicated. The current 7- Day yield, also referred to as the current annualized yield, represents the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical account with a balance of one share (normally $1.00 per share) over a seven-day base period expressed as a percentage of the value of one share at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. Past performance does not guarantee future results. The yields shown above may reflect fee waivers by NCIP's (the Fund) current or prior service providers. When such waivers occur, they reduce the total operating expenses of the Fund, and the Fund’s yields, would have been lower if there were no such waivers. Refer to the Fund’s Information Statement for further information on the expenses of the Fund and fees of its service providers. 

Start of disclosure content

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Participants should consider the North Carolina Investment Pool’s (“NCIP” or the “Pool”) investment objectives, risks, charges, and expenses before investing in the Pool. This and other information about the Pool is available in the Pool's current Information Statement, which should be read carefully before investing. A copy of the Pool's Information Statement may be available by calling 1-833-736-NCIP (1-833-736-6247) or is available on the Pool's website at www.investncip.com. While the NCIP Liquid Portfolio seeks to maintain a stable net asset value of $1.00 per share, and the NCIP Term Portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Pool. An investment in the Pool is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Pool are distributed by U.S. Bancorp Investments, Inc., member FINRA (www.finra.org). PFM Asset Management is a division of U.S. Bancorp Asset Management, Inc., which serves as administrator and investment adviser to the Pool. U.S. Bancorp Asset Management, Inc. is a direct subsidiary of U.S. Bank N.A. and an indirect subsidiary of U.S. Bancorp. U.S. Bancorp Investments, Inc. is a subsidiary of U.S. Bancorp and affiliate of U.S. Bank N.A.

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