Treasury Management Association of Chicago®
The Treasury Management Association of Chicago® (TMAC) is a not for profit professional organization dedicated to providing a forum for its members for the exchange of ideas, concepts, and techniques related to cash/treasury management. TMAC's membership is open to all persons whose primary job responsibility is the practice of treasury or financial management within organizations, companies, educational institutions, governmental bodies or corporations. At regular meetings, TMAC offers members the opportunity to hear relevant cash/treasury management issues presented by recognized professionals. Presentations cover such topics as finance, cash management systems, investments, economic issues, cash forecasting, and banking relations and regulations. Emphasis is placed in the planning of the programs to ensure that the topics are timely and rewarding to our membership.Meetings qualify for CTP and CCM credits.
Date: June 29, 2016
Subject: President’s Newsletter
It is with mixed emotions that I write my final newsletter as TMAC President. It has been a great two years and I will miss serving this great organization in this capacity. Congratulations to our newly elected board of directors who will begin their term on July 1, 2016.
I’d like to thank all of the outgoing board members for their hard work this past year. In particular, a hearty thanks to your Windy City Co-Chairs Angelyn Pennington and Gary Silha. Co-chairing a conference this large is a big commitment and they did a wonderful job. The conference and speaker surveys are still being tallied but initial feedback has been excellent.
Your always busy TMAC Treasurer, Kelly Ragonese, and AT Sheryl Deering, will continue their work with Nitixa Patel, Windy City Controller to finalize the WCS and TMAC financial statements. Their work will continue into the new year and the financials will be reported later this summer.
My sincere appreciation goes out to Meeting Site Co-Chairs, (Mandy Campbell and Cathy McGarry) and Program Committee Co-Chairs (Kim Drennan and Frank Hashimoto) who have organized several great monthly meeting and educational programs in the quarter. Be on the lookout for some Summer Education opportunities anticipated shortly. In addition to their work on monthly meeting venues, Mandy and Cathy also put together a third networking event of the fiscal year. The Progressive Dinner in Chicago on April 23rd was a great success.
Pictures from the festivities are posted in networking section on the TMAC website. Take a moment to look at them by Clicking Here!
I’d also like to thank Sunil Patel, Maria Preston and Susan Donatello for their efforts. As Secretary, Sunil has provided steady support in documenting minutes for all business and board meetings. Maria Preston as Membership Chair has coordinated the member survey and related board communications. Susan, as Academic Relations Chair has coordinated payments to participating universities and secured a new university, Kendall College.
Jim Portalatin, Website Chair, has been working with in partnership with GSS to develop a TMAC member communication forum. You will be able to post your questions on our website, and your fellow members will receive an email link to respond. Participation will be optional. More details are coming soon.
Policy Chair, Rob Gosma has been researching TMAC’s policy coverage for credit card fraud. He will report his findings to the new board at the first board meeting later this summer. Lastly, a big thank you to Tricia Kelly for her insight and counsel over the past two years. I look forward to working with her as President Emeritus in the coming year.
Have a great summer and I hope to see you at a monthly meeting very soon!
Best Regards, Julie
Click here to view Past President Letters.