User Name
Password
 

Frequently Asked Questions

How can I become a member? 

What features are available with online access to my PLGIT account? 

How do I register for online access?  

Where do I log on for access to my PLGIT account? 

What are my investment options with PLGIT? 

What are my borrowing options with PLGIT? 

May I have funds direct-deposited into my PLGIT account? And what about payments from my account?  

Who do I call for information? 

What are the transaction deadlines for wire transfers and ACHs? 

What are my options for transferring funds electronically?  

How can I become a member?

PLGIT has established a four-step process for joining. Simply determine whether you are an eligible entity, enact a resolution or ordinance, and complete our registration form. For details and forms, click here.

Top of the Page 

What features are available with online access to my PLGIT account?

PLGIT’s online access offers Investors 24-hour transaction initiation; view-and-print access to details on balances, transactions and dividends; and account registration information.

Top of the Page 

How do I register for online access?

To register with Investor Online Access, either download the registration form available on the site that you used to access this system or call PLGIT Operations at 1-800-572-1472 to have a form sent to you. Please submit the completed registration form to:

PLGIT
Attn: On-line Access
PO Box 1027
Harrisburg, PA 17108
 

Or fax to 800-252-9551 

Once you have submitted the necessary paperwork, PLGIT will send you a temporary password. For security purposes, you will have to change the temporary password the first time you access the system.

Top of the Page 

Where do I log on for access to my PLGIT account?

Investors with account access can log on in our Account Access area.

Top of the Page 

What are my investment options with PLGIT?  

PLGIT offers the PLGITSM money market-like fund, which is comprised of three classes of shares (PLGIT-ClassSM, PLGIT/Plus-ClassSM, and PLGIT/I-ClassSM), PLGIT/PRIMESM, PLGIT/TERMSM, and PLGIT/ARMSM. PLGIT also sponsors two additional programs which are administered by PLGIT’s Investment Adviser. These programs are the PLGIT-CDSM Purchase Program and PLGIT/SAMSM Program. Click here for more online details about these investment options. For specific questions about your investment mix, contact your PLGIT marketing representative.

Top of the Page 

What are my borrowing options with PLGIT?  

PLGIT sponsors several bond pools that enable members to borrow for a variety of purposes, including capital improvements, renovations, additions, refinancing of eligible tax-exempt debt, or equipment purchases that are a part of a larger construction project.

Top of the Page 

May I have funds direct-deposited into my PLGIT account? And what about payments from my account?

Liquid Fuels subsidies, Department of Education subsidies, and many other state and federal subsidy and program payments can be deposited directly into your designated PLGIT account. Direct deposit funds will be available and will begin earning interest immediately.

Top of the Page

Who do I call for information?

For help with transactions, completing forms, adding services, or similar questions, contact PLGIT's operations professionals at 1-800-572-1472

To discuss your investments options or questions about borrowing and investing strategy, contact your PLGIT marketing representative.

Top of the Page 

What are the transaction deadlines for wire transfers and ACHs?

The deadline for wire transfers is 12:00 p.m. Eastern Time. The deadline for Automated Clearing House (“ACH”) transfers initiated by PLGIT is 2:30 p.m. Eastern Time. Electronic transfer instructions or forms are available online. You may also view our instructions for receiving an incoming wire into your PLGIT account.

Top of the Page 

What are my options for transferring funds electronically?

There are two ways of electronic transfer available to PLGIT members:

Same Day Wire Transfer – Funds can be transferred by wire to or from a PLGIT account. For incoming transfers, you must notify your financial institution to send the funds to PLGIT. For outgoing transfers, the PLGIT operations will initiate the transfer, or the investor initiates online. In either case, the Trust must be notified by 12:00 noon Eastern Time in order for the funds to transfer/credit the same day.

Next Day Transfer – Next Day Transfer utilizes the Federal Reserve’s ACH system. Funds are transferred overnight and are available in the designated account the next business day. Transactions to transfer funds to or from a PLGIT account are called into the PLGIT operations and are initiated by PLGIT. Transactions must be received by the Trust via phone, fax, or online account access by 2:30 p.m. Eastern Time. Next Day Transfer must be set up in advance and takes approximately ten (10) business days to establish. Please use the ACH Authorization Instructions document to set up Next Day Transfers to and from your PLGIT accounts.

Top of the Page 


 

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. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. While the PLGIT, PLGIT/ARM and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/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 Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC.

SMPLGIT, PLGIT-Class Shares, PLGIT/PLUS-Class Shares, PLGIT/I-Class SharesPLGIT/PRIME, PLGIT/TERM, PLGIT-CD, PLGIT/ARM, PLGIT/SAM, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust.

 

Copyright 2017, All Rights Reserved