National Association of Counties and cashVest by three+one Announce $1.3 Billion in New Revenue for Public Agencies in 2024
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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
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