Welcome to Invest in Iowa!
Invest in Iowa is a program offering deposits of State dollars to financial institutions to get low-cost funds into Iowa's communities. Auctions for six-month certificates of deposit (CDs) occur on the second Tuesday of January, April, July and October. Two additional auctions offering one-year term CDs occur in February and August. Invest in Iowa's auctions are all online, which ensures fairness and improves competitiveness in the placement of CDs in approved Iowa depositories.
Before participating in an auction, participants from financial institutions must register by visiting the registration tab on the homepage. Participants only need to register once. On the day of the auction, they will log into BidIowa.com to begin the bidding process. Prior to each auction, minimum bid rates along with specific bid limits per financial institution are established by the State Treasurer's Office.
Thank you for your interest and continued participation in Invest in Iowa. We are preparing today for the challenges of tomorrow. We hope you will join us.
Michael L. Fitzgerald
Treasurer of State