Preferred Vendor Guide

2010-2011

President’s Message

The Association of Public Treasurers of the United States and Canada is pleased to present our 2009—2010 Preferred Vendor Guide. The Association’s goal is to strengthen the partnering relationship between our members and our business supporters. This guide has been prepared to acquaint you with business vendors who support education of public entities. This Preferred Vendor Guide is a listing of recommended vendors that support APT’s mission of assisting public treasury and finance officials in the performance of their job duties. We encourage you to utilize this resource guide when looking for products and services for your entity. Please consider contacting these vendors for any Request for Proposals (RFP’s) or Requests for Quotations (RFQ’s). Members are encouraged to report good, and poor, service from these vendors. If you have a vendor that provides you excellent service and they are not listed in this guide, please contact our Executive Director, Lindsay Dively, at [email protected] so that we may contact them about becoming a member.

James A. Bell, CPFA, CPFIM President, APT US&C Director of Finance, Vandalia, Ohio

Payment Processing Services

WAUSAU Financial Systems

WAUSAU Financial Systems is a premier provider of payment and receivables processing solutions, helping businesses of all types move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU holds the No. 1 market share position in retail and wholesale remittance processing solutions. WAUSAU processes more than $1 trillion in payments each year through its work with more than 650 organizations, and maintains more than 30 percent of all U.S. lockbox volume. The company works with 25% of counties with a population of more than two million residents, including 40% of the top five government entities in the United States. WAUSAU Financial Systems also works with 13 of the 25 largest financial institutions, 42 percent of insurance companies with more than 5 million customers and 24 percent of utilities with more than 100,000 customers. More than 200 financial institutions use WAUSAU’s remote deposit capture service, and industry consultants Celent and Aite have ranked WAUSAU’s remote capture functionality above all competitors. For more information, visit www.wausaufs.com. Contact: Michael Tallitsch, VP Solutions Management Telephone Number: (715) 241-5734 E-mail: [email protected]

System Innovators

System Innovators provides payment-based software solutions that feature a fully configurable payment collection technology with a point-of-sale component. Our solution, iNovah, integrates host systems, financial systems, deposit banks, and payment gateway providers for city, county, and state organizations & utility companies, offering extensive benefits for all stakeholders. Contact: Michael LoMurro, Director of Sales Telephone Number: (904) 485-3974 E-mail: [email protected]

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Payment Processing Services

IPS Group

IPS Group, Inc. is the patented provider of credit card enabled single-space parking meters, helping cities and universities around the globe upgrade and manage their parking operations. IPS meter mechanisms retrofit into current parking meter housings and offer additional payment options including coins, credit/debit cards and smart cards. Customers benefit from access to real-time parking meter data, a comprehensive and intuitive web-based meter management system, and help employ green initiatives by using solar power technology. A complimentary product suite including vehicle detection sensors and remote payment options make the IPS solution the most advanced parking system in the world. Contact: Chad Randall, Chief Operating Officer

Telephone Number: (858) 404-0607

E-mail: [email protected]

Official Payments Corporation

Official Payments is a leading provider of electronic payment solutions for the IRS, states, municipalities, colleges and universities nationwide. Official Payments processes over 6,000 payment types including federal, state and local taxes; college tuition and fees; court fees and fines; and utility payments, Use your Visa®, MasterCard®, Discover® Network, American Express® card and relax knowing your payments are Officially Paid. Contact: Claire Imaye, Regional Account Manager

Telephone Number: (866) 580-0980 ext.7479


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Investment Management

Firth Third Securities Inc.

Fifth Third Securities Inc. provides municipal securities brokerage, underwriting, and dealing services and operates as a subsidiary of Fifth Third Bank. Fifth Third Securities, Inc. is one of the top underwriters and financial advisors to issuers of public debt in Ohio. Fifth Third Securities is a registered broker-dealer and registered investment advisor. Contact: Andrew Brossart, Vice President, Public Finance Telephone Number: (513) 534-6366 E-mail: [email protected]

Wright Investors’ Service

Wright Investors’ Service is an independent registered investment advisor that operates nationwide from its headquarters in Milford, Connecticut. We provide corporate information research, macroeconomic analysis, and portfolio management and seek to provide an investment process consistent with the prudent investor act by emphasizing high quality portfolio contents that exhibit reduced turnover to measure risk. Contact: Ted Roman, Vice Chairman Telephone #: (203) 783-4456 Email: [email protected]

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The Carillon Group at Morgan Stanley Smith Barney

Managing public funds today is a daunting challenge. Revenue is tight. Budgets have been slashed. Interest rates are unpredictable. Pressure is high. Mistakes are not tolerated. And, you have to do more with less – fewer resources, fewer people, yet greater oversight than ever before. At the Carillon Group, we are here to help. We specialize in serving the specific asset management needs of municipalities and local governments. Our goal is to help you maximize the efficiency and effectiveness of your cash resources. Contact: Michael B. Fink, Senior Vice President Telephone Number: (800) 966-8077 E-mail: [email protected]

Union Bank

Among the nation’s foremost financial services providers, Union Bank, N.A. offers a distinctive blend of products and services. It is this particular combination that has positioned the bank as an ideal choice for both individual customers and corporate entities. In addition to banking essentials, Union Bank offers real estate financing, investment and financial management, correspondent banking services, cash management solutions, and personal and business trust services. Contact: Jonathan Carlysle, Vice President Telephone #: (415) 273-2585 Email: [email protected]

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Jefferies & Company, Inc.

Jefferies, a global securities and investment banking firm, has served companies and their investors for nearly 50 years. Headquartered in New York City, with offices in more than 30 cities around the world. Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. The firm provides investors with fundamental research and trade execution in equity, equity-linked, and fixed income securities, including corporate bonds, high yield bonds, US government and agency securities, repo finance, mortgage– and asset-backed securities, municipal bonds, whole loans and emerging markets debt, as well as commodities and derivatives. Jefferies offers companies capital markets, merger and acquisition, restructuring and other financial advisory services. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com). Jefferies International Limited, a UK-incorporated, wholly owned subsidiary of Jefferies Group, Inc., is authorized and regulated by the UK Financial Services Authority. Contact: Andrew Davidoff, Senior Vice President Telephone Number: (310) 575-5162 Email: [email protected]

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The PFM Group

PFM Group, LLC is the leading municipal financial and investment advisory firm in the United States. PFM Group, LLC engages in five primary business activities: (i) financial advisory services, (ii) investment management, (iii) investment consulting, (iv) strategic consulting, and (v) structured products. Contact: Lauren Brant, Managing Director Telephone Number: (415) 982-5544 Email: [email protected]

Morgan Keegan & Co.

Our Fixed Income Capital Markets division is one of the largest off Wall Street—ranking among the nation’s top underwriters of new issue agencies and municipal securities. Made up of more than 150 sales representatives, 40 research analysts and 70 traders, we offer a variety of valuable services like extensive research offerings, eFolio©® and asset/liability services. Contact: Kathryn Perry, First Vice President Telephone Number: (901) 531-3347 Email: [email protected]

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Securities Broker/Dealers

Morgan Keegan & Co.


Coastal Securities, Inc.

Coastal Securities is a registered securities dealer providing a broad range of professional investment services to institutional investors across the United States and around the world. We are very active in the underwriting and sale of municipal bonds and also act as financial advisor for many different political subdivisions. Our Taxable Fixed-Income Trading Desk has aggregate experience of over 100 years dealing in the Government, Agency, Corporate, MBS and CMO markets which enable them to provide a variety of products and a liquid as well as competitive secondary market. We are consistently a leader in the marketing of SBA loan and pool products and USDA loans. Coastal has developed programs to provide a wide array of financial strategy services as well as assistance in reporting and accounting functions for its many diverse clients. Contact: Jim Patterson Telephone Number: (713) 435-4309 Email: [email protected]

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Multi-Bank Securities, Inc.

Multi-Bank Securities, Inc. (MBS) is an institutional fixed-income securities broker-dealer committed to earning and preserving the respect of our municipal customers by addressing their investment goals with personal service, investment expertise, and progressive technologies. Since 1988, our firm continues fulfilling that commitment by building a sound performance record in customer satisfaction with our municipal clients in all 50 states.

Contact: David Maccagnone, Chief Executive Officer Telephone Number: (800) 967-9045 E-mail: [email protected]

Wells Fargo has been helping municipalities, schools, hospitals, institutions of higher education and other public entities and nonprofit organizations manage their finances for more than 150 years. Wells Fargo Institutional Brokerage & Sales builds on that tradition by offering investment products, services and expertise to finance directors and business administrators for public institutions across America. At Institutional Brokerage & Sales, we have a local, customer-focused approach to business. Therefore, our customers benefit from our in-depth knowledge of their region, industry and unique investment needs. Contact: Lynn Love, Vice President Relationship Mgr. Telephone Number: (213) 614-2235


Securities Broker/Dealers

Wells Fargo

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Banks

Bank of America Merrill Lynch

With over a century of public sector commitment, Bank of America Merrill Lynch is a trusted banking leader to government entities nationwide. Our dedicated Government Banking group delivers a complete array of capital raising, treasury management services, liquidity and investment solutions for our county, city, municipal and state government clients. Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with approximately 5,800 retail banking offices and approximately 18,000 ATMs and award-winning online banking with 30 million active users. Bank of America is among the world’s leading wealth management companies, and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services.

Contact: Bobby Chestnut, Market Executive Telephone Number: (214) 209-0353

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Banks

BOKF, N.A.

Bank of Oklahoma is a division of BOK Financial, a $24 billion regional financial services company with more than 4,500 employees around the country, based in Tulsa, Okla. Founded in 1908, Bank of Oklahoma has a long history of meeting the financial and philanthropic needs in its communities. The company’s services and products include commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic transfer network. Committed to community support throughout the state, Bank of Oklahoma and its parent company gave more than $1.8 million to Oklahoma nonprofit organizations in 2010.

Contact: Katie Price, Vice President Telephone Number: (405) 272-2386 E-mail: [email protected]

Chase Bank

Chase Bank offers comprehensive financial services to states, municipalities, counties, and all public entities. We deliver extensive industry knowledge and local expertise. We can meet all your banking and financial needs.

Contact: Marcia Matthews, Senior Vice President Telephone Number: (405) 231-6718 E-mail: [email protected]

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Debt Management

Municipal Finance Services, Inc.

Established in 1990, Municipal Finance Services, Inc. (MFS) is Oklahoma’s leading independent financial advisor to Oklahoma cities and towns and other governmental entities. The firm represents over 125 governmental financing authorities and offers a wide range of consulting services designed to enable its clients to access the capital markets in a cost effective manner.

Contact: Rick A. Smith, President Telephone Number: (405) 340-1727 E-mail: [email protected]

Linebarger Goggan Blair & Sampson LLP

The Linebarger Goggan law firm is dedicated to helping its 2,200 government clients improve their bottom lines by offering them turnkey solutions for collecting their delinquent receivables. We collect a variety of receivable types for them, including delinquent taxes, fees, fines, service charges, tolls, healthcare, and miscellaneous other local, state and federal government receivables. Each year, Linebarger Goggan recovers approximately one billion dollars for our government clients, revenue that frequently helps them avoid unnecessary tax and fee increases or unpopular cuts in important constituent services.

Contact: Scott Wylie, Partner Telephone Number: (720) 979-0221 E-mail: [email protected]

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Underwriters

FTN Financial

For nearly a century, FTN Financial Group has been a provider of financial products for the investment and banking community. Our extensive reach—a broad network of more than 700 employees, thousands of clients, and offices nationwide and overseas—enables us to build an arsenal of resources and to distribute critical information that’s vital to our customers’ financial outlooks. Combining our experience in the public funds sector with our breadth of investment services, we structure transactions that fulfill our clients’ expectations and grow with their needs into the future. Our relationships are based on the premise that as your revenue cycles change, so does your need for forward financial planning. Contact: Sally Pace, Senior Vice President Telephone Number: (901) 435-7956 E-mail: [email protected]

Morgan Keegan & Co.


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Arbitrage Rebate Provider

Arbitrage Compliance Specialist, Inc.

Our team of CPAs and in-house tax attorney has over 24 years of arbitrage calculation experience. As a firm that specializes solely in the computation of arbitrage rebate, we have developed an efficient and accurate calculation process that allows our costs to be 30-40% less than other arbitrage firms. ACS has 14 offices nationwide, including Oklahoma City, to serve our 1,500 clients. Our practice has completed over 37,000 calculations since 1986. Each calculation includes a legal review and CPA opinion. Contact: Stephen H. Broden Telephone Number: (800) 672-9993 ext. 7530 Email: [email protected]

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Employee Benefits Provider

Spirit Financial Employee Benefit Division

With the implementation of Healthcare Reform legislation, SpiritFinancial Employee Benefits Division is committed to keeping our clients, which include but are not limited to multiple municipalities, tribal entities, banking institutions, manufacturing companies, up to date and compliant with the latest legislation requirements. We offer a wide variety of Employee Benefit products through America's strongest insurance companies and are committed to getting the best match of coverage and price. Providing the highest level of service possible to each of our customers regardless of their size is our number one goal. Let us help you find the plan that meets your employee’s needs. Contact: Kurt Schultz, Senior Vice President Telephone Number: (918) 576-8813 Email: [email protected]

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Index

Payment Processing Services System Innovators 3 WAUSAU Financial Systems 3 IPS Group 4 Official Payments 4

Investment Management Fifth Third Securities 5 Wright Investors’ Service 5 Morgan Stanley Smith Barney 6 Union Bank 6 Jefferies & Company, Inc. 7 The PFM Group 8 Morgan Keegan 8

Securities Broker/Dealers Morgan Keegan 9 Coastal Securities, Inc. 9 Multi-Bank Securities, Inc. 10 Wells Fargo 10 Banks Bank of America Merrill Lynch 11 BOKF, N.A. 12 Chase Bank 12 Debt Management Municipal Finance Services, Inc. 13 Linebarger Goggan Blair & Sampson, LLP 13

Underwriters FTN Financial 14 Morgan Keegan & Company 14

Arbitrage Rebate Provider Arbitrage Compliance Specialist, Inc. 15 Employee Benefits Provider SpiritFinancial 16

Documents

Preferred Vendor Guide