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Home My WebLink About4.02 Treasurer's Report 08-31-1986 3O -3O M E M O R A N D U M TO: City Council FROM: . ity Manager SUBJECT: City Treasurer ' s Investment Report for Period Ending August 31, 1986 DATE : September 3, 1986 Attached is the Investment Report for the period ending August 31, 1986 . As indicated in the report, the City' s investment portfolio totals $17 , 759 . 999 . This represents an increase of $500, 000 in the City' s investments as compared to last month. The maturity schedule of the City' s investments will permit the City to meet its expenditure requirements for the upcoming month. • f • COPIES TO: ITEM NO. L' . i ' CITY OF DUBLIN CITY TREASURER'S INVESTMENT REPORT For Period Ending August 31, 1986 TYPE OF AMOUNT OF RATE OF DATE OF INSTITUTION INVESTMENT DEPOSIT INTEREST MATURITY (1 ) (2 ) State of California State Pooled $10, 861, 000 8 . 000% N/A - Local Agency Investment Fund Money Investment Account Amador Savings & Loan Cert of Dep 100, 000 8 .500% 12/26/86 American Diversified Svgs Bank II II 100, 000 9 . 500% 9/10/86 American Savings & Loan 100, 000 7 .350% 8/28/87 Antelope Valley Savings & Loan II II 100, 000 8 . 000% 4/23/87 Bank of Commerce 100, 000 7 . 875% 4/17/87 Bay View Federal Savings & Loan " 100, 000 8 . 625% 1/3/87 Bel Air Savings & Loan II II 100, 000 7 . 000% 8/28/87 Bell Savings & Loan " " 100, 000 9 .500% 11/12/86 Beverly Hills Savings & Loan " " 100, 000 9 .200% 2/17/87 Brentwood Square Savings & Loan " 100, 000 9 . 000% 9/18/86 Brookside Savings & Loan " " 100, 000 8 .250% 3/30/87 Butterfield Savings & Loan n n 99 , 000 7 .850% 8/3/87 Cabrillo Savings Bank n n 100, 000 6 . 900% 8/31/87 Cal America Savings & Loan n n 100, 000 9 . 400% 11/26/86 Camino Real Savings Bank " " 100, 000 9 . 250% 12/4/86 Centennial Savings & Loan " " 100, 000 9 . 500% 1/21/87 Central Savings & Loan II It 100, 000 9 .250% 9/8/86 Centurion Savings & Loan " " 100, 000 9 . 000% 12/19/86 Century City Savings & Loan 100, 000 9 .125% 1/22/87 Columbus Savings & Loan " " 100, 000 9 . 000% 9/24/86 Commercial Center Bank " " 100, 000 8 . 700% 1/22/87 Consolidated Savings Bank " " 100, 000 9 .250% 9/25/86 Continental Sa\/ings & Loan " " 100, 000 7 . 500% 4/3/87 County Savings Bank " " 100, 000 9 . 500% 9/17/86 Deauville Savings & Loan " " 100, 000 7 . 875% 6/2/87 Del Amo Savings & Loan II Il 100, 000 8 . 750% 12/19/86 Equitec Savings Bank II II 100, 000 8 .880% 1/20/87 Escondido Savings & Loan n n 100 , 000 9 .250% 9/18/86 Eureka Federal Savings & Loan n n 100, 000 7 .350% 8/24/87 Farmer Savings Bank " " 100, 000 9 . 500% 9/9/86 Far West Savings & Loan II II 100, 000 8 . 000% 3/19/87 Fidelity Federal Savings & Loan " n 100, 000 8 .300% 3/25/87 Financial Savings & Loan " " 100, 000 8 . 900% 12/19/86 First Federal Savings Bank " " 100, 000 7 . 450% 7/21/87 First Federal S&L San Gabriel Vly " " 99 , 999 8 .100% 4/15/87 Flagship Federal Savings & Loan " II 100, 000 9 . 500% 9/24/86 Gateway Savings Bank " " 100, 000 9 . 250% 2/11/87 Gibraltar Savings & Loan 100 , 000 9 . 375% 9/17/86 Gibraltar Savings & Loan 100, 000 7 .400% 4/21/87 Great American First' Svgs Bank 100, 000 7 . 650% 5/14/87 Hawthorne Savings & Loan II II 100 , 000 9 . 000% 10/21/86 Highland Federal Savings & Loan " " 100, 000 8 . 750% 12/23/86 Home State Savings & Loan 100, 000 7 . 300% 8/24/87 Household Bank 100 , 000 9 . 050% 9/18/86 TYPE OF AMOUNT OF RATE OF DATE OF INSTITUTION INVESTMENT DEPOSIT INTEREST MATURITY Independence Savings & Loan 100, 000 8 . 800% 12/19/86 International Savings Bank 100, 000 7 .900% 4/1/87 Investment Savings & Loan 100, 000 9 . 250% 1/8/87 La Cumbre Savings Bank 100, 000 9 . 000% 12/26/86 Long Beach Savings & Loan " " 100, 000 9 .375% 9/24/86 Merit Savings & Loan 100, 000 7 . 250% 10/20/86 Newport Balboa Savings & Loan " " 100, 000 8 . 600% 2/19/87 North Coast Savings & Loan 100, 000 8 . 750% 1/22/87 Pacific Coast Savings & Loan 100, 000 7 . 500% 4/17/87 Pacific Savings Bank 100, 000 8.350% 3/20/87 Point West Bank 100, 000 9 . 000% 1/21/87 Placer Savings & Loan " " 100, 000 7 . 875% 4/15/87 Pomona First Federal Savings " 100, 000 8 . 875% 1/20/87 Provident Federal Savings & Loan 100, 000 8 . 600% 1/21/87 San Francisco Federal S & L n n 100, 000 7 .750% 4/13/87 Santa Paula Savings & Loan 100, 000 8 . 750% 12/16/86 Saratoga Savings & Loan 100, 000 9 . 000% 11/26/86 Southwest Savings & Loan 100, 000 9 . 250% 11/25/86 Sterling Savings & Loan n " 100, 000 9 . 000% 9/26/86 II Stockton Savings & Loan " 100, 000 7 . 750% 4/17/87 Sunrise Bank of CA " " 100, 000 7 .750% 4/27/87 Valley Federal Savings & Loan 100, 000 7 . 900% 4/23/87 Western Financial Savings & Loan " 100, 000 8 . 500% 10/15/87 Westwood Savings & Loan 100, 000 8 . 050% 7/15/87 Wilshire Saving's & Loan 100, 000 9 . 000% 12/23/86 Total Funds Invested $17 , 759, 999 (1) The rate of interest on investments is calculated daily. Therefore, the rate identified above was effective on August 31, 1986 . Interest income is paid quarterly and is determined based on the amount deposited and the length of time the deposit remained in the fund within that respective quarter. (2 ) There is no minimum investment period. Monies deposited for investment one day may be withdrawn the next day, with interest earned for one day. ■ .