National Association of Counties and cashVest by three+one Announce $1.3 Billion in New Revenue for Public Agencies in 2024
Upcoming Events
Related News
WASHINGTON – The National Association of Counties (NACo) and cashVest by three+one today announced their collaborative efforts generated over $1.3 billion in new revenue for public entities in 2024, while simultaneously saving them millions in bank fees. This achievement highlights the impact of untapped sources of revenue, providing essential financial stability during uncertain times.
NACo partnered with three+one in 2020 to strengthen county finances using the cashVest portal. The portal allows counties to put dollars on deposit to work while still maintaining necessary cash flow balances. The partnership has supported hundreds of County governments to date and generated over $3 billion in new revenue for public entities.
County finance departments benefit from the cashVest program, which combines powerful liquidity data with hands-on guidance from a dedicated relationship manager. As a third-party data provider, cashVest by three+one analyzes cash flow and investment history on behalf of the county, providing data-driven insights and actionable recommendations. This empowers finance professionals to strategically allocate funds, optimize liquidity and maximize interest earnings, all while ensuring transparency and financial strength for the communities they serve.
"For county finance departments, the ability to generate new revenue while gaining insights into their financial future is invaluable," said NACo CEO/Executive Director Matthew Chase. "This partnership ensures public entities are better equipped to manage uncertainties and prepare their 2026 budgets and beyond."
The generation of new revenue is due in large part to three+one’s innovative MC Liquidity Forecast Model®. Built on decades of expertise in public finance, higher education and business, this tool integrates over 2.4 trillion data points from various economic cycles. The tool offers liquidity forecasts extending six months ahead, enabling public agencies to confidently navigate critical financial decisions.
For more information about NACo’s partnership with cashVest by three+one, click here.
About National Association of Counties (NACo)
The National Association of Counties (NACo) strengthens America’s counties, including nearly 40,000 county elected officials and 3.6 million county employees. Founded in 1935, NACo unites county officials to advocate for county government priorities in federal policymaking; promote exemplary county policies and practices; nurture leadership skills and expand knowledge networks; optimize county and taxpayer resources and cost savings; and enrich the public’s understanding of county government. www.naco.org
About three+one
three+one is a cutting-edge financial technology company committed to optimizing liquidity management for public entities. By leveraging advanced data analytics and financial expertise, three+one helps public agencies maximize their financial potential and achieve greater fiscal health.
Contact
three+one contact: Samantha Rothschild, slr@threeplusone.us
NACo contact: Nicole Weissman, nweissman@naco.org
Media Contact
Nicole Weissman
Webinar
Banking on Experience: Takeaways from three+one’s Recent Banking RFPs and Client Insights, a NACo EDGE Webinar
Join Mike Ablowich of three+one for a practical webinar on the latest trends shaping banking RFPs nationwide. With decades of public finance experience, Mike will share actionable takeaways from three+one’s recent work with counties—focusing on what’s changing and how it can benefit your operations. This session offers real-world strategies to strengthen banking relationships and optimize taxpayer funds.
Related News
U.S. Congress passes reconciliation bill: What it means for counties
On July 3, the U.S. Congress passed sweeping budget reconciliation legislation.
U.S. Senate passes amended reconciliation bill text: What it means for counties
On July 1, the U.S. Senate narrowly passed their version of sweeping budget reconciliation legislation.
County Leaders Visit Washington to Share Local Perspective on Budget Reconciliation
Elected officials from five states sound alarm about administrative and funding changes to SNAP and Medicaid.
Upcoming Events
Transforming County Payouts with Real-Time Innovation
Thursday, September 4, 2025 | 2:00 - 3:00 PM Eastern Time
Discover the technological evolution of county disbursements and how digital finance transformation can mitigate risks and enhance operational efficiency. As counties strive to modernize their legacy systems and reduce costs, staying ahead of technology trends is crucial. This session will explore how counties can leverage the latest advancements in real-time disbursements to revolutionize their payout processes. Attendees will gain insights into emerging trends and practical use cases that showcase the journey from outdated payout processes to advanced technology disbursements.
Seamless Implementation, Frictionless Experiences: Best Practices for Transitioning to a Countywide Payment Solution
Government payment ecosystems are complex, often spanning multiple departments, legacy technology, and evolving compliance and reporting regulations. While transitioning to a new system can present challenges, clear objectives and success metrics, as well as a well-structured testing and implementation plan ultimately leads to better outcomes for residents and staff.
Securing Coverage: How Counties Can Navigate Cyber Insurance Hurdles
Safeguarding counties from cyber attacks in today's complex digital environment is a formidable challenge, especially when faced with tight budgets, limited resources, and the competing demands of diverse stakeholders. Cyber insurance offers a crucial safety net, but many counties find themselves grappling with the affordability and management of such coverage.
Join us for an exciting discussion with experienced county leaders as we uncover the hurdles governments face in securing cyber insurance. We will explore the evolving cyber threat landscape and reveal how a comprehensive cyber insurance assessment can offer practical solutions to bolster defenses and streamline coverage acquisition.