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HomeMy WebLinkAbout4.3 Treasurer's Report 02-28-1985 3-20 -,30 M E M O R A N D U M TO : Cit Council FROM: ity Treasurer SUBJECT: City Treasurer ' s Investment Report for Period Ending February 2$ , 1985 DATE : March 6, 1985 Attached is the Investment Report for the period ending February 2$ , 1985 . As indicated , the City' s investment portfolio totals $8 , 750 ,000. This is an increase of $100,000 over the previous month . O CITY OF DUBLIN CITY TREASURER'S INVESTMENT REPORT For Period Ending February 28 , 1985. TYPE OF AMOUNT OF RATE OF. DATE OF INSTITUTION INVESTMENT DEPOSIT INTEREST MATURITY UT State of California State Pooled $5 ,000,000 10. 289% N/A Local Agency Investment Fund Money Investment Account Amador Savings & Loan Cer,t of Dep 100,000 13 .125% 6/25/85 American Diversified Svgs Bank " " 100,000 13 . 500% 9/10/85 American Savings & Loan 100,000 9. 500% 7/29/85 Bay View Federal Savings & Loan 100,000 10. 500% 1/3/86 Bell Savings & Loan 50,000 11 .400% 11/12/85 Bell Savings & Loan 50,000 11 .400% 11/12/85 Beverly Hills Savings & Loan 100,000 10.1000 2/14/86 Butterfield Savings & Loan 100,000 13 . 500% 8/1/85 Centennial Savings & Loan 100,000 10.375% 1/26/86 Central Savings & Loan 100,000 13 . 250% 9/6/85 City Corp Savings & Loan 100,000 13 . 500% 7/3/85 Community Federal Savings 100,000 11 . 500% 5/14/85 Continental Savings & Loan 100, 000 9.8001 4/3/85 County Savings Bank 100, 000 10.1251 6/19/85 Eureka Federal Savings & Loan 100,000 12.7501 8/23/85 Farmer Savings Bank 100,000 13 . 7501 9/9/85 Far West Savings & Loan 100, 000 10.7501 3/19/85 Fidelity Federal Savings & Loan 100,000 9. 5001 3/25/85 First Security Savings & Loan 100,000 10.750/ 1/22/86 Gateway Savings Bank 100,000 10.1251 2/11/86 Gibraltar Savings & Loan 100,000 11 . 250/ 5/1/85 Glendale Federal Savings & Loan 100,000 12.8501 7/3/85 Great Western Savings & Loan 100,000 12.000/ 9/24/85 Investment Savings & Loan 100,000 10. 5001 12/28/85 Long Beach Savings & Loan 100,000 13 .0501 9/24/85 Marin Savings & Loan 100,000 13 . 0001 9/24/85 Mercury Savings & Loan 100, 000 9.7501 6/21/85 Mutual Savings & Loan 100,000 11 . 0001 1/24/86 Pacific Coast Savings & Loan 100, 000 10. 2501 12/19/85 Pacific Savings Bank 100,000 10. 750/ 3/20/85 Peninsula Savings & Loan 100,000 13 .1251 7/31/85 Progressive Savings & Loan 100,000 10.0001 2/11/86 Santa Barbara Savings & Loan 100,000 13 .0001 8/23/85 Santa Paula Savings & Loan 100,000 10. 7501 12/16/85 Southwest Savings & Loan 50,000 11 . 300/ 11/15/85 Sun Savings & Loan 100,000 13 .0001 9/24/85 Tri Valley National Bank 100,000 12 .7501 7/23/85 Western Financial Savings & Loan 100,000 11 . 5501 4/12/85 Westwood Savings & Loan 100,000 12. 2501 5/22/85 Total Funds Invested $8 ,750,000 (1 ) The rate of interest on investments is calculated daily. Therefore , the l rate identified above was effective on February 28 , 1985 . 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.