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South Dakota Public Funds Investment Trust (FIT) is a cash management service for Municipalities, Counties, School Districts, Townships, Water and Sanitary Districts, and Cooperative Education Service Units.

It is the only investment program exclusively managed for local governments in South Dakota.

FIT was created under South Dakota Codified Law by the South Dakota Municipal League, South Dakota Association of County Officials, South Dakota Association of County Commissioners, and Associated School Boards of South Dakota.

Professional cash management brings your government entity safety, liquidity and yield.


Mission Statement

SD Public Funds Investment Trust (FIT) provides alternative investment opportunities for local governments

  • Governed by local officials
  • Professionally managed funds
  • Education for Participants
  • Safe, liquid investments
  • Maximum yields by pooling funds

Electronic Notification of Statements

SD FIT is pleased to offer the convenience of viewing transaction activity statements through IPASonlineTM. You can elect to receive an email containing a link to IPASonlineTM when your daily and monthly transaction activity statements are processed and become available on the Internet. You will be able to view and print your activity statement from IPASonlineTM.


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