Year in Review: 2021

Year in Review: 2021

It is our pleasure to share with you all of the topics we covered in 2021 with our partners across the country. The links below highlight the great work of our clients across the nation who contend with the same challenges that you do everyday. We had some amazing developments in 2021, including but not limited to: completing the BNY Mellon Accelerator program, awarded the Texas BuyBoard contracts, as well developing a new client portal that will release the first quarter of 2022In case you missed any of the incredible insights from 2021, those resources are recapped below.


cashVest® 90+ Awards


Chautauqua cashvest Year in Review

Watch Kitty Crow of Chautauqua County as we present her cashVest 90+ award for the incredible work that she and the county’s legislators have accomplished in 2021, earning her the first-ever cashVest score of 100.





NACo 2021 Webinars

Kennedy cashvest Year in Review

Featuring Comptroller John M. Kennedy, Jr., Chief Fiscal Officer of Suffolk County, NY, and how he uses three+one®’s liquidity data, technology, and treasury services data to currently outperform the effective federal fund’s benchmark by over 238%.






Genesee cashvest Year in Review

Nationally recognized Treasurer Scott German of Genesee County, N.Y. discusses how he has maximized the value of Genesee County’s cash through liquidity data & treasury service monitoring. Over the past 4 years, Treasurer German has leveraged technology and followed data findings in order to shift strategies and navigate various economic cycles resulting in a cumulative benefit of over $3 million dollars to his taxpayers.






Treasurer cashvest Year in Review

NACo joins three+one for a conversation with Bill Cherry, former Schoharie County Chief Financial Officer and Treasurer, and three+one CEO Joe Rulison for a treasurer’s perspective on liquidity verses cashflow.






Livingston cashvest Year in Review

Here Alex DeRosa speaks to Administrator Ian Coyle and Treasurer Amy Davies of Livingston County, New York to discuss the “Pathway to Recovery®” and how liquidity management can position your entity for success managing ARP Funds in 2021 and beyond.






Chemung cashvest Year in Review

In this presentation, Alex DeRosa and finance officials from Chemung County, New York discuss the lessons learned in liquidity management over the past 18 months and how public entities are using liquidity data to stay ahead of the curve on their Pathway to Recovery®.






Westmoreland cashvest Year in Review

In this presentation you will meet Commissioner Sean Kertes and Director of Financial Administration Meghan McCandless of Westmoreland County, PA, and hear how their county maximized the value of their cash through liquidity data and banking-services monitoring, outpacing benchmarks by 400%.





MACo Podcast


MACo cashvest Year in Review

In this podcast, Garrett Macdonald joins Kevin Kinnally and Michael Sanderson of MACo to discuss a data-driven approach to help counties maximize the value of every single dollar through the power of liquidity analysis.






VACo Webinar


VACo cashvest Year in Review

During this April 14th presentation you will hear from Garrett Macdonald, Vice President of cashVest® by three+one®, discusses how cashvest® by three+one® helps counties maximize the value of every dollar on deposit.





CSAC Webinars


CSAC 1 cashvest Year in Review


CSAC Finance Corporation presents 3+1’s CashVest – Leveraging Data to Maximize Public Value



CSAC 2 cashvest Year in Review

Passage of the American Rescue Plan Act certainly changed the cash/liquidity position of public entities across the nation. This webinar will focus on how to get a clear picture of your liquidity needs, how to use data to communicate those needs to internal & external stakeholders, and how to meld cash flow management into liquidity management.



This 20-minute webinar will demonstrate how your entity can leverage data and technology to formulate a strategy that increases the value of public funds. We will highlight important steps and tips that can be applied to stretch newly released ARPA funds to their greatest potential.







NYSAC Podcast


three+one NYSAC podcast

During this episode of County Conversations, NYSAC’s Executive Director Stephen Acquario is joined by Joseph Rulison of three+one to discuss new technology, financial forecasting, and planning for the future.







Timeout With Leaders Podcast


We really enjoyed this spirited podcast titled “Celebrating Employees Constantly” featuring our CEO and co-founder, Joe Rulison.

2022 Predictions

2022 Predictions

Each year, our team releases its annual predictions for the coming 12 months based on the data and empirical observations gained from our work with public sector and higher-ed entities across the nation. As the new year begins, we share our 2022 predictions:

1. After two years of low rates, the Federal Reserve will start raising short-term interest rates by mid-2022, with Fed fund rates reaching 1.00%+.

2. Inflation will continue to take center stage in 2022, with inflation staying above 5.0%, year over year. As a result, the Federal Reserve will take unexpected actions sooner than anticipated. With the reduction in tapering by the Fed, the return on cash will increase, leading banks to seek more deposits, due to a greater loan demand from consumer lending.

3. Given that the COVID pandemic will most likely continue throughout 2022, banking institutions will focus primarily around online and kiosk technology, as the trend for fewer brick & mortar bank branches will gain traction. If one visits a branch office, expect a direct fee for counter service.

three+one 2022 Predictions4. Technology will continue to advance with virtual-call methods advancing with greater connectivity, thanks to substantial investments made to enhance broadband service.

5. Public capital projects will come back strong, given ARPA funds and infrastructure dollars being put to work.

6. Higher Ed institutions will continue to find new enrollments challenging. The kinds of students entering college will be changing in demographics, age, and educational needs; undergraduate/graduate degrees and widely varied certificate programs will be retooled to accommodate these changes. Virtual learning will remain strong, given the popularity of remote working and learning-at-home programming. The changes made throughout higher Ed because of the COVID-19 pandemic will ease those hard decisions that would have had to be made in the upcoming years—most notably 2025 through 2027—due to lower student population, the result of a lower birthrate during the financial crisis of 2008 and 2009. Personally, I believe that the new world of online learning will lead many “baby boomers” back to college to achieve advanced degrees.

7. FinTech companies will continue to advance in conjunction with banking institutions, offering a greater number of mobile apps around virtual banking, digital currency, and blockchain technology.

8. The level of interest in addressing climate change will incorporate major investments in the nation’s electrical grid; these will be required to meet the anticipated major influx of electrical vehicles in the coming years. In addition, solar will be at the forefront among alternative energy sources and public/private investments. To make up for the expected gap in gasoline tax, expect proposals to emerge on charging electric vehicles (EVs) a tax when utilizing a charging station. Thus, the cost to operate an EV could equate to about that to run a gasoline-powered vehicle.

9. Buildout of national broadband infrastructure will be developed through major public/private partnerships. In doing so, new forms of interactive alternative communications will continue to emerge—metaverse technology among them. Primary drivers for this technology will be by Generation Zers.

10. Expect a big boom in new U.S. manufacturing facilities, with warehouses at a premium. New facilities will need to be built to store a greater amount of U.S.-sourced goods in the supply chain. Recent events that have severely hampered the movement of goods from overseas will encourage lesser dependence on foreign sources.

We would like to personally thank Neil Powers, Principal at Vector Research Management, for his consistent input, ongoing perspective, and serving as a sounding board on national and international economic data and trends that affect public, higher Ed, and banking institutions.

2022…The Year of Data & Confidence

2022…The Year of Data & Confidence

Over the last year, our entire team at three+one® has been privileged to provide communities and public entities across the nation the peace of mind delivered by our cashvest® liquidity management services.

Year of Data & Confidence

2021 had its challenges, the continued implications of COVID-19 chief among them. But together we forged a Pathway to Recovery®, and continued to work steadfast in the interest of your taxpayers & stakeholders. We will continue that mission in 2022 by providing your entity with the data to make confident financial decisions.

Wishing you a happy & prosperous New Year in 2022.

Ready, Set, Go…

Ready, Set, Go…

Imagine yourself as a race car driver at the Daytona 500, ready to stomp on the gas pedal as the starter waves the flag, only to find out that there’s no gas in the tank. As the other cars go zooming away, you’re stuck at the starting line with a very red face.

three+one race car liquidity analysisNow consider liquidity analysis and data to be your fuel going into 2022, as you gear up to take advantage of the Federal Reserve’s expected rate hikes next year.

Knowing exactly how much cash your entity needs to put to work is part of your fiduciary duty.  Imagine the embarrassment, as rates take off, if you’re left behind earning no income, while others are passing you by, potentially earning 25-50 basis points or more on their cash.

Now is the time to determine your levels of liquidity—and be confident knowing how much cash you can put to work as rates rise.

As the Bank of England and the Central Bank of Norway have already raised their interest rates, imagine having a full tank of liquidity data as you start 2022, so you can be far ahead of the Fed’s interest rate increases.

Happy Holidays 2021

Happy Holidays 2021

Season’s Greetings

Our entire three+one team wishes you a most Happy Holiday Season & a prosperous New Year in 2022.

three+one Holiday Card


From our family to yours,

Happy Holidays!

NYSAC Podcast: Maximizing Your Liquidity Asset Management

NYSAC Podcast: Maximizing Your Liquidity Asset Management

We are proud to offer a rare opportunity to hear two of the most respected public officials in all of New York State as they join in a discussion of effective and efficient management of taxpayer dollars and how it can lead to a stronger bottom line for county finances. The legendary CEO of the New York State Association of Counties (NYSAC), Steve Acquario, has an insightful Q&A session with Joe Rulison, CEO and co-founder of three+one, and one of the most highly respected leaders in the financial sector.

Please take a few minutes to listen to this compelling conversation. You’ll discover several important financial tips that could definitely benefit your county’s bottom line—and your taxpayers!


three+one NYSAC podcast