NYCLASS in the Local Community

NYCLASS was specifically created to service public-sector municipal corporations throughout the state of New York, giving them an opportunity to invest funds on a cooperative basis in short-term investments that are carefully chosen to yield favorable returns while striving to provide maximum safety and liquidity. Here at NYCLASS, we are keenly aware of the unique needs of the many different entity types in the state of New York. As such, NYCLASS supports and sponsors several statewide organizations whose objectives strive to assist municipal finance officers in their day-to-day roles.

As of August 2019, NYCLASS serves nearly 600 municipal corporations of varying entity types; we understand that, as a finance professional, you are responsible for not only the financial operations of your entity but the development of your department and continual understanding of industry best practices. Below is a list of organizations that we feel provide tremendous value to municipal corporations across the state. If you’re not already involved, click the links below to find out how to get started!

New York State Government Finance Officers’ Association

Association of School Business Officials New York

New York Conference
of Mayors

New York State Association
of Counties

New York State Association
of Towns

Association of Fire Districts of the State of New York

New York State County Treasurers
and Finance Officers Association

The NYCLASS Relationship Team has extensive experience working with public entities’ investment needs, cashflows, and tax cycles. Our representatives are readily available to support the needs of your public entity.

Lyn Derway | 41 Years in Public Finance

Prior to joining NYCLASS, Lyn spent her entire career working with various school districts in New York state where she retired as the Assistant Superintendent of Business for the Brunswick Central School District in New York’s Capital Region. Lyn sat on the Board for the New York State Association of School Business Officials for more than a decade, most recently as President.

Shawn Cullinane | 31 Years in Public Finance

Before joining NYCLASS, Shawn held the position of Clerk-Treasurer for the Village of Lindenhurst for nearly thirty years. Shawn has previously been certified as a Master Municipal Clerk by the International Institute of Municipal Clerks and received their prestigious Quill Award for outstanding services and dedication to the Clerk’s profession.

Kathy Saville | 20 Years in Public Finance

Prior to joining NYCLASS, she was a finance director in city and town government in western New York, the Director of Grants and Business Office for the Rochester City School District and has held similar administrative roles. Kathy is currently President-Elect of the New York Government Finance Officers’ Association and a member of the NYS Association of School Business Officials.

Joel Friedman | 31 Years in Public Finance

Joel joined the NYCLASS program as Regional Director of Marketing in 2017, bringing with him more than 30 years of investment management experience and a strong analytical background. Prior to joining NYCLASS, Joel most recently served as a Senior Director for S&P Global Ratings where he led their global fund ratings activities representing more than $2 trillion of rated mutual funds, ETFs, and separate accounts.

If you would like to speak with an NYCLASS representative regarding your investment needs, we would be more than happy to set up a meeting with you soon. You can take the first step by contacting us today!

Data unaudited. All comments and discussion presented are purely based on opinion and assumptions, not fact. These assumptions may or may not be correct based on foreseen and unforeseen events. The information presented should not be used in making any investment decisions. This material is not a recommendation to buy, sell, implement, or change any securities or investment strategy, function, or process. Any financial and/or investment decision should be made only after considerable research, consideration, and involvement with an experienced professional engaged for the specific purpose.