Welcome to the NFMA!NFMA Appoints Mary Francoeur as Industry & Media LiaisonThe NFMA has appointed Mary Francoeur as Industry & Media Liaison. Mary brings nearly 40 years of experience in public finance, including municipal credit analysis, debt management, and advisory services. She is a former NFMA Chair (2019) and has held numerous leadership roles within the organization, in addition to senior positions at PFM Financial Advisors, Moody’s Investors Service, and public-sector agencies. The NFMA looks forward to Mary’s continued leadership and service in this role. Click here to read the full press release. NFMA Constitution Changes Effective January 24, 2026The NFMA Board completed a review of the organization’s Constitution and circulated a draft of proposed revisions member comment period on November 23, 2025. After a 60-day comment period, the amended Constitution has been formally adopted. Educational ProgramsTraditionally, the NFMA has held an Annual Conference each spring. The conference provides members with the opportunity to hear presentations, to meet with members of other Constituent Societies of the NFMA, and to contribute their efforts to the overall advancement of the NFMA. At the conference, the NFMA presents awards to individuals and organizations for extraordinary contributions to municipal analysis. For a list of past award recipients, click here. The NFMA has also presented its Introduction to Municipal Bond Credit Analysis each fall, covering a wide range of topics/sectors geared to the needs of new analysts. Advanced Seminars each fall and winter cover in-depth current topics of importance to the industry for seasoned analysts. Constituent Societies hold educational events for members. Many of these events are open to members of other societies within the NFMA, and are posted on the NFMA's Event Calendar. Are you a New NFMA member, or would you like to be? The NFMA's New Member Advancement Committee (NMA) has programs designed to assist analysts who are newer to the field with career advancement and training. To learn more about NMA, click here. If you have not yet joined the NFMA, click here for the Membership Application. Market AdvocacyThe NFMA has been a strong advocate of improved disclosure in the municipal market since its inception. Throughout its history, the NFMA has issued recommended best practices, white papers, comment letters and position statements on relevant topics in the municipal market. To view NFMA papers, go to Resources. Job & Internship BanksThe NFMA maintains a job bank for its members and an internship bank for students. Employers may submit job and/or internship postings via this link: Job Bank Submissions
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