Meeder Public Funds looks at the entire financial picture of your entity to assess your cash flow needs and determine how to invest your operating funds portfolio, how much should be invested, how long you should invest, and whether your bank rates are competitive. Meeder monitors all permissible asset classes to make sure you are receiving as much value as possible from your portfolio. 

Meeder has access to over 100 brokers to give you full access to the markets, working to get you the best prices available. After the initial investment is implemented, we are committed to arranging regular meetings to discuss changes to the financial needs of your entity, changes to funding levels, and investment needs for new initiatives and projects on the horizon. 

Meeder Public Funds understands that taking on a new building project can seem overwhelming. Between bidding out the project, hiring an architect, hiring a construction manager, evaluating cash flows, and figuring out what investments to purchase, investing project funds can quickly feel like a huge undertaking. 

Meeder helps simplify the investment process for you during this time of increased stress and workload, while helping you make the most of the taxpayer dollars with which you have been entrusted. We ease the burden on your organization by working with construction managers to understand each project’s cash flow requirements, design a custom portfolio built around project spends, conduct ongoing discussions around project status, and provide ongoing monitoring and adjustments to match changes to your spending schedule.

Meeder Public Funds offers investment management solutions in an advisory capacity to Treasurers and Fiscal Officers including providing an Outsourced CIO (Chief Investment Officer) role to public entities across the U.S. We partner with you to create an optimal investment program, including:

GIDP enables participants to fully insure cash balances up to $25 million per tax ID through a network of carefully selected FDIC-insured banks via a single, convenient account. GIDP offers attractive yields with no market or credit risk, and penalty-free withdrawals every business day.

GIDP allows clients to deposit funds into a single, convenient account (“Account”), which in turn will be deposited through the FICA program into multiple banks so the amounts that a single client has on deposit in any single bank through GIDP will never exceed the FDIC insurance amount as set by the FDIC. 

GIDP is designed for clients to deposit funds in a fully FDIC-insured bank deposit program that offers a competitive yield and the ability to withdraw funds daily. The program provides access to hundreds of carefully-screened banks via a single, convenient Account.

GIDP is not a mutual fund or pooled account; instead, each Account is a separately managed account in which the client directly owns the bank deposits made on its behalf. There is a $250,000 minimum initial deposit required to open an Account with the Meeder GIDP program. There is no minimum amount required for subsequent deposits or balances. The maximum total deposit available per Account (per tax identification number) is $25 million; this amount is subject to change based on market or business conditions. All deposits must be in U.S. dollars.

Click here for more information on GIDP.

In today’s rapidly changing regulatory environment, effectively managing a retirement plan can be a formidable task for government and public entities. Plan sponsors have a duty to act prudently in all areas of a retirement plan—from evaluating, selecting and monitoring service providers, to day-to-day plan administration and participant education and communication.

Meeder Public Funds can ease the burden by becoming a 3(38) Fiduciary for your plan, as your qualified investment manager to select and monitor investment options. Gain confidence that the investment options you offer to plan participants are continually managed and monitored by highly trained investment professionals.