Find quick answers to common questions about CSAFE. Whether your local government is already a participant or is interested in evaluating CSAFE as a suitable investment, this page helps you understand how CSAFE manages public funds for its participants. You are encouraged to contact Brent and Cory to discuss further.
CSAFE (Colorado Surplus Asset Fund Trust) is a local government investment pool created in 1988 to provide Colorado municipalities, counties, school districts, and special districts with reliable investment options for operating funds, surplus funds, and bond proceeds.
CSAFE offers two main investment pools:
CSAFE, like all local government investment pools in Colorado, is not a bank. It is a professionally-managed investment whose number one priority is preservation of participant capital. CSAFE Cash maintains a AAAmmf rating from Fitch Ratings, and CSAFE Colorado Core holds a AAAf/S1 rating from Fitch Ratings. These are the top ratings in their respective categories and reflect excellent financial stewardship and capital preservation. CSAFE has never lost participant principal.
Yes, CSAFE strictly adheres to all Colorado Revised Statutes that pertain to the management and administration of LGIPs.
As set forth in the CSAFE Information Statement, CSAFE Cash offers same-day liquidity, while CSAFE Colorado Core provides participants with next-day liquidity.
CSAFE maintains a Document Center where participants can access financial statements, policy documents, annual reports, and other important resources.
Enrolling in CSAFE is simple. Review our process here.
No. CSAFE investments, unlike PDPA-compliant bank deposits, are not collateralized. Similarly, investments in CSAFE are not eligible for insurance through the FDIC.
Similar to all local government investment pools in Colorado, CSAFE is a statutory trust and is not an agency, instrumentality, nor subdivision of the State of Colorado. However, the Colorado Division of Securities does possess and exercise record-keeping and examination authority over LGIPs. Additionally, CSAFE undergoes an annual independent audit from CliftonLarsonAllen.