Raleigh, North Carolina – April 19, 2024 – North Carolina CLASS, the newest local government investment pool available to North Carolina units of local government, and the North Carolina League of Municipalities (NCLM) proudly announce a significant milestone in their commitment to supporting local governments across the state. North Carolina CLASS is now a sponsor of NCLM, and both organizations are dedicated to enhancing financial stability, fostering community growth, and advancing the collective financial interests of municipalities statewide.

“At North Carolina CLASS, we are actively seeking innovative ways to support local governments in achieving their financial goals,” said Daniel Klus, Senior Director of Investment Services at North Carolina CLASS. “Our sponsorship of NCLM aligns perfectly with our mission, allowing us to combine resources and expertise to better serve all municipalities throughout the state.”

 “We are thrilled that North Carolina CLASS will support our members with its commitment to providing a professionally managed investment program,” said Rose Vaughn Williams, Executive Director of the North Carolina League of Municipalities. “Both our organizations are dedicated to supporting municipalities, fostering economic growth, and enhancing the quality of life for residents across North Carolina.”

The partnership between North Carolina CLASS and the North Carolina League of Municipalities signifies a shared commitment to empowering local governments and building stronger, more resilient communities throughout the state. Through collaborative efforts and a dedication to excellence, both organizations are poised to make a valuable impact on North Carolina’s local government units.

For more information about North Carolina CLASS, visit www.ncclass.com; for more information about the North Carolina League of Municipalities, please visit www.nclm.org.

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. Past performance is not an indication of future performance. Any financial and/or investment decision may incur losses.

About North Carolina CLASS:

The North Carolina Cooperative Liquid Assets Securities System (North Carolina CLASS) is an investment pool created by an Interlocal Agreement and an Indenture of Trust, pursuant to N.C.G.S. Section 159-30 (c)(10). Participation in North Carolina CLASS is available to any North Carolina unit of local government.

About the North Carolina League of Municipalities:

The North Carolina League of Municipalities is a member-driven organization representing the interests of cities and towns in the state. Through their collective efforts, League member cities and towns better serve their residents and improve quality of life. For more than 100 years, the League has been one voice for cities and towns working for a better North Carolina.