DES MOINES, IOWA (August 27, 2019) — State Treasurer Michael L Fitzgerald announced the results of his Tuesday, August 20, online Invest in Iowa auction. Over $59 million will be deposited in 27 financial institutions across the state. The state will receive an average rate of return of 2.01% on these one-year certificates of deposit. "Every auction stands as a testament to how well this program supports local communities across the state," Fitzgerald said.