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Topic: Tennessee Local Government Investment Pool

Montgomery County Trustee’s Office announces over 20 Million Dollars in Interest Earnings

 

Montgomery County TennesseeMontgomery County, TN – Brenda E. Radford, Montgomery County Trustee, is pleased to announce her efforts have earned more than twenty million dollars through the prudent investment of Montgomery County Government’s Idle Funds.

“In September 2006, one of my goals as County Trustee has been to earn and return more than twenty million dollars through the Trustee’s Investment Program,” Radford said. From September 1st 2006 through December 31st, 2013, the interest rate spread has been as high as 5.65% in 2006 to lows of 0.00%-0.25% after December 2007. «Read the rest of this article»

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