APT History

• In the early 1960's, there was a movement in California to abolish the position of City Treasurer so, for self-preservation the City Treasurers 8-10 banded together and in 1965 chartered the California Municipal Treasurers Association with headquarters in Palo Alto, California. Hank Burget was the first President and he and his wife ran the office out of their home.
  
  
• In 1967, it was decided to go national and the first National Conference was held in Washington, DC, which elected Wm Nelson of Utah as the first National President. The headquarters was then moved to Inglewood, California and the City Treasurer Mr. Stan Jones was elected by the Board as the new Executive Director.  In 1978 a new Executive Director, the Board elected Ms. Beth Durocher and the headquarters was moved to San Pedro, California. The Executive Director was the wife of an Air Force Officer who was transferred to Davis-Monthan Air Force Base. At this point the headquarters was moved to Tucson, Arizona. The headquarters was later moved back to Redondo Beach, California.
  
  
• In 1973 the University of Wisconsin-Oshkosh became the first University to offer classes for continuing education in finance. In 1979, the first CMFA professional certifications were awarded at the annual conference in Culver City, California.
  
  
• The Headquarters was moved to Virginia, in December 1989.
  
  
• In 1989 Stacey Crane was hired as new Executive Director and the office was moved to 1420–16 th Street in Washington, DC.
  
  
• 1990 Investment Policy Program was released.
  
  
• 1991 Associate Member Advisory Council / Liaison Committee formed.
  
  
• 1992 Office moved to 1229–19 th Street Washington, DC due to staff expansion
  
  
• 1992 CMFA opens up to County Treasurers and Special Districts.
  
  
• County Treasurers, Special Districts and States, Affiliate Membership abolished.
  
  
• 1993 Carl Levi re-writes new Bylaws.
  
  
• Certification program developed for Investment Policy, Cash Handling, Debt Policy and Disaster Preparedness.
  
  
• 1998 Office moved to 1029 Vermont Avenue due to staff expansion.
  
  
• 2001 Named changed from MTA US & C to APT US & C, at the Cleveland Ohio conference.
  
  
• August 2003 APT Annual Conference, the CMFA Committee recommended that the CMFA credential be changed to CPFA - Certified Public Finance Administrator. The membership agreed with the change, making the new name effectively immediately
  
  
• In September of 2004, the Board of Directors hires a new Executive Director
  
  
• In December of 2004, the headquarters is moved to Silver Spring, Maryland.