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Michigan CLASS

Prime-style local government investment pool 

Enhanced cash local government investment pool 

Current and historical rate information

A comprehensive introduction to the different Michigan CLASS portfolios 

A monthly breakdown of the Michigan CLASS portfolio

Get to know our diverse and experienced public finance officials who oversee the program
Our administrator, auditor, custodian, and legal counsel
Enrollment documents, prospectuses, and financials 
Updates, newsletters, and special reports
Upcoming Board meetings, holidays, events, and conferences
Answers to commonly asked questions about Michigan CLASS

Getting started is easy; join today and start earning tomorrow!

Contact our investment professionals who can provide you with information about the program 
Assistance with your accounts and answers to your Michigan CLASS questions
Local Community Stabilization Authority and Michigan CLASS Partnership 

Michigan CLASS and the Local Community Stabilization Authority

Are You Ready to Receive Your LCSA Distributions Online?

You’re in the right place! Whether you’re a current Participant or new to Michigan CLASS, receiving your LCSA distributions online can save you time and is a seamless way to track your funds for reporting and auditing purposes. With a dedicated Michigan CLASS subaccount, you can easily transfer your funds to your bank accounts on file without transaction fees.* 

 

Let’s Get Started

To begin receiving your LCSA distributions online, please select one of the following options: 

 

I am a Michigan CLASS Participant I am not a Michigan CLASS Participant

 

LCSA Partnership

  • What is the Local Community Stabilization Authority (LCSA)?

  • The LCSA levies the local community stabilization share tax and distributes the revenue generated to public agencies throughout Michigan under the LCSA Act for local purposes including police safety, fire safety, and ambulance emergency services.

  • How are LCSA payments distributed?

  • Historically, LCSA payments have been distributed via paper checks and ACH payments only. Moving forward, LCSA payments will be distributed in the following formats:

    1. Transfers directly into a Michigan CLASS account
    2. ACH Payments
    3. Paper Checks

*You may incur fees associated with wires and/or ACH transactions by your bank, but there will be no transaction fees charged from Michigan CLASS for such transactions. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.