Treasurer Stacy Garrity Announces New INVEST Manager

Pennsylvania Treasurer Stacy Garrity announced today that Ryan Buxton has been promoted to INVEST Manager, a new position within Treasury’s Bureau of Cash Management.

Buxton will develop and implement strategies to grow INVEST’s assets and increase program participation statewide. INVEST helps local government and nonprofit organizations meet their financial goals.

“INVEST is a powerful program, and with Ryan taking this leadership role, I know more nonprofit organizations and local governments will benefit from it,” Treasurer Garrity said. “INVEST is tremendously flexible, and it’s a great tool to help organizations safely achieve growth without sacrificing liquidity. Ryan’s experience in community outreach in Treasury’s Bureau of Consumer Programs, and his many previous years working with INVEST, make him the perfect person for this important job.”

“I want to thank Treasurer Garrity for her leadership and vision and getting INVEST into both rural and urban communities across Pennsylvania,” Buxton said. “I’m excited to continue that vision by moving the program forward by making it easier to enroll in INVEST and spreading the word about our investment products to both nonprofit organizations and government entities. Whether you’re a fire company or a municipal government, INVEST is a safe place to realize a great return on your investment.”

Buxton has worked for Treasury since 1995, including 16 years with the INVEST Program. Prior to his new role as INVEST Manager, he worked as an Outreach Specialist with the Bureau of Consumer Programs, promoting the PA 529 College and Career Savings Program, Keystone Scholars, the PA ABLE Savings Program and unclaimed property.

INVEST is a tool designed for local government agencies and nonprofit organizations such as townships, counties, school districts, volunteer fire companies, libraries and others. The program, similar in concept to a money market fund, offers two pools – the INVEST Daily Pool and the INVEST Community Pool. There are also periodic custom investment opportunities for longer-term needs. Treasury’s investment staff, which also oversees investments and custody of more than $150 billion in public funds, manages INVEST portfolios.

Important features of INVEST include:

  • No minimum balance requirement;
  • Daily liquidity;
  • Unlimited transactions;
  • No transaction fees; and
  • No minimum or maximum deposits.

More than 260 entities currently use INVEST, and the program has assets totaling about $1.3 billion.

INVEST has received the highest credit rating possible, AAAm, from Standard & Poor’s Global Ratings (S&P) for both pool offerings.

Local government entities and nonprofit organizations can learn more about INVEST at patreasury.gov/invest or email investoperations@patreasury.gov.

Lida Kiefer Named Practice Manager of The Wright Center for Community Health’s Hawley Location

The Wright Center for Community Health recently promoted longtime clinical employee Lida Kiefer to the leadership role of Practice Manager.

Kiefer will lead The Wright Center’s Hawley Practice at 103 Spruce Street, where she will be responsible for daily operations including oversight of patient flow, staff and services. The Wayne County office is home to clinical staff who provide primary and preventive care for pediatric, adult and geriatric patients, including routine check-ups, sick visits, behavioral/mental health, and addiction and recovery services.

A graduate of McCann School of Business and Technology, Kiefer joined The Wright Center in 2012 as an administrative assistant and worked her way up to the role of certified medical assistant II. She most recently served as Co-Manager of Medical Assistants, responsible for monitoring patient care quality and coordination as well as daily oversight of all medical assistants on staff. In addition to her leadership responsibilities at Hawley as Practice Manager, Kiefer will also serve as a medical assistant there.

“Throughout her career at The Wright Center, Lida has demonstrated her dedication to our mission of improving the health and welfare of our community. This promotion is a great fit for her proven skills and experience,” said Kathleen Barry, Deputy Chief Operating Officer.

Kiefer resides in Honesdale.