Please join us on February 17, 2026 at 10:30 AM to learn about IMET, the Illinois Metropolitan Investment Fund, and its investment solutions for libraries in Illinois.
This session will provide an overview of how to protect public funds, both collateral/protection for deposits and safekeeping services for investments.
The webinar will cover:
- the objectives of public funds investing
- the importance of keeping public moneys safe
- various methods to protect public deposits
- Collateral
- Federal Home Loan Bank Letters of Credit
- FDIC overage
- Bank Networks
- IntrafFI
- Wintrust network of banks
- the difference between deposits and investments
- how safekeeping helps protect investments
We will finish off with how the IMET funds can be part of a diversified portfolio. There will be time for Q&A to address any questions that remain after the session.
Created over 25 years ago, by Illinois public fund managers for Illinois public funds, IMET provides a unique value-add proposition for Illinois libraries: investment solutions to fit your needs. We will introduce the IMET Convenience Fund, for liquidity, the IMET Core Fund, for your longer-term funds, and separately managed accounts (SMAs) that are available through Meeder Investment Management. There will be an opportunity to ask questions and learn how other libraries are participating (investing) in IMET.