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IPAIT Selects New Marketing Services Provider and Fixed-Term Automated Program Provider

Posted By IAMU, Tuesday, June 6, 2017

In partnership with the Iowa Association of Municipal Utilities (“IAMU”), the Board of Directors of the Iowa Public Agency Investment Trust (“IPAIT“) is pleased to announce it has selected PMA Securities Inc. as the Fund’s marketing services provider and the Fixed Term Automated (“FTA”) program provider (along with PMA Financial Network, Inc., an affiliate of PMA Securities, Inc., “PMA”), effective July 1, 2017.

PMA Securities, Inc., PMA Financial Network, Inc. and Prudent Man Advisors, Inc. (collectively “the PMA companies”) offer investment management, fixed income investment products and services, public finance/financial advisory services and financial planning, as well as comprehensive services for local government investment pool (“LGIP”) clients which include portfolio management, fund administration and marketing. The PMA companies have been leaders in providing financial services to public entities since 1984 and currently serve over 2,400 local governments in 11 states. PMA has had significant experience in all aspects of LGIP management and operations, including working for a total of ten LGIPs similar to IPAIT in varying capacities. The company has built a reputation as a reliable, professional financial organization offering unique products and services to its public sector clients.

PMA brings to IPAIT a team of experienced staff dedicated specifically to serving the FTA and marketing functions of the Fund.  Along with being a registered broker dealer capable of offering a full suite of Iowa State Statue compliant investment vehicles such as U.S. Treasury and Government Agency securities, PMA also brings its over 30+ years of financial institution relationship development experience. PMA has been working in tandem with other public entities in the state of Iowa for the last half-decade in cultivating relationships and programs with local banks and other financial institutions to bring the most competitive and innovative investment vehicles to its clients. Through its credit division, PMA augments the FTA program by providing a proprietary credit screening model that monitors each financial institution participating in the program, ensuring that the tenets of safety, liquidity, and yield are maintained.  PMA is excited for the opportunity to bring its unique set of relationships, expertise, experience and ingenuity to IAMU through its new partnership with IPAIT.

While a team of experienced PMA professionals will service the Fund, Paul Kruse, PMA Senior Vice President and Director- Iowa, will be the primary marketer and contact for Participants, including for fixed term investments. Paul will serve as the liaison between IPAIT and the Fund’s Participants. Some of you may be familiar with Paul, as he’s attended many conferences as the PMA representative and previously marketed the IPAIT program from 1992 to 2003.

In addition, PMA's affiliated company Forecast5 Analytics, Inc. (“Forecast5”) provides strategic software solutions to public clients to address budgetary and financial planning needs.  The focus of both the PMA and Forecast5 companies is to serve public entities. Forecast5 is transforming the way local governments use data to synchronize financial resources and strategic plans. Schools, cities and counties benefit from a unique analytics platform designed to accelerate insight. By combining powerful financial applications inside a next-generation collaboration platform, local governments can quickly identify efficiencies and capitalize on opportunities.

PMA and Forecast5 continue to expand their national footprint, servicing a combined 3,400 public entities in 24 states throughout the U.S. 

Since 1987, IPAIT has proudly served the investment needs of members of the League of Iowa Cities, Iowa Association of Counties and the Association of Municipal Utilities. Both the IPAIT Diversified fund and FTA program offer safe, competitive yielding investments to Participants. Through PMA, IPAIT Participants will continue to have access to safe, competitive yielding fixed term investments from PMA’s extensive network of statute compliant financial institutions.

Tags:  IPAIT 

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Spend the Day on the Greens for a Good Cause

Posted By IAMU, Wednesday, May 31, 2017

IAMU’s Golfin’ Fore Safety event will be here soon (Monday, June 26). If you haven’t yet signed up, there is still time.

Don’t worry if you don’t have a foursome. We can pair you up with others.

Proceeds from the event go toward purchasing materials and equipment for the IAMU Training Field.

New This Year: We will be flighting the tournament and have senior tees for men 60 and older.

For more information or to register for the event, click here.

Tags:  Events  Golfin' Fore Safety  Safety  Safety Services 

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Register Now: You Won't Want to Miss Equipment Demo & Exhibit Day

Posted By IAMU, Wednesday, May 31, 2017

IAMU is planning to hold its second Equipment Demo & Exhibit Day on Thursday, July 20, on our Training Field. Demo Day is a time for IAMU members to connect with vendors who can demonstrate or showcase their equipment, tools, processes, and materials in a real-life setting.

To learn more about the event from IAMU’s very own “Red Green,” click here.

The event is free for utility members and associate members. If you’re not a member, contact us to find out how you might be able to participate. For more information or to register for the event, click here.

Tags:  Demo Day  IAMU Events  Training Field 

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Silica: The Unseen Hazard Workshops

Posted By IAMU, Wednesday, May 31, 2017

The Iowa Association of Municipal Utilities’ Safety Services will be holding two Silica Safety Workshops. Those attending the workshop will learn about the materials and job tasks that may contribute to silica exposures at their work locations. Silica may be found in concrete, brick, block, tile, drywall, and in other materials. Learn about the dangers of silica and the corrective measures to take that will protect your employees’ health. We will also discuss the requirements of OSHA’s new silica regulations that are now in effect.

Who Should Attend:
Directors, Supervisors, Lead Workers whose employees may have exposure to silica.

Two Dates Available:

Click here to register for the June 21st Workshop.

Click here to register for the August 23rd Workshop.

Tags:  OSHA  Safety Services  Silica 

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IAMU Tree Trimming for Utilities Workshop - June 8th

Posted By IAMU, Wednesday, May 31, 2017

IAMU will be offering a one-day Tree Trimming for Utilities Workshop on June 8th.

This workshop will provide valuable information and hands-on training for utility personnel.  Classroom and hands-on topics will include:

  • Laws Regarding Tree Trimming
  • Best Practices
  • Rules
  • Procedures
  • Identifying
  • Safety

Tivon Feeley, Forest Health Specialist with the Iowa DNR and Dan Llewellyn, Electric Services Coordinator with IAMU will be the instructors for this workshop.

For more information, and to register click here.

Questions?  Contact Dan Llewellyn at (800) 810-4268 or email at dllewellyn@iamu.org.

Tags:  Electric  Safety  Tree Trimming 

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