Federally Insured Cash Account

STAR Plus is a cash management program that provides Ohio political subdivisions with access to hundreds of FDIC insured banks via one convenient account, offering participants full FDIC insurance up to $50 million per account, a competitive yield, and next day liquidity. The State Treasurer's office has endorsed this innovative program as a secure investment option for public funds managers.

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FICA - The Premier Insured Cash Management Solution

♦ $0 - $2.5 million     0.07%
♦ > $2.5 million         0.01%
♦ Participants with more than $2.5 million will receive a single blended rate.

Safeguards Your Account

STAR Plus is powered by FICA®, an innovative process that
ensures your cash
deposit has full FDIC
insurance from an
extensive proprietary
network of carefully-
screened participating

The Advantages of STAR Plus

Safety - STAR Plus accounts have no exposure to credit or market risk. All deposits have full FDIC insurance and are backed by the full faith and credit of the U.S. government.
Liquidity -There is no term commitment on STAR Plus deposits. All deposits are held as overnight demand deposits with same day credit for deposits and next day availability on withdrawals.
Performance - STAR Plus provides a competitive yield compared to Money Market Funds, U.S. Treasury Bills, Commercial Paper, Certificates of Deposit, and Time Deposits.

* Current StarPlus yield is effective as of April 1, 2021, and is for a maximum deposit of $50 million. For balances in excess of $50 million please call 800-648-STAR. Current yield and maximum deposit insurance coverage is indicative for StarPlus and may change without notice.