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We are a special-purpose governmental corporation charged with prudently managing and investing the assets of the Texas Permanent School Fund. We strive to achieve exceptional investment performance to protect and grow the historic public endowment and sovereign wealth fund of Texas, generating essential resources for current and future Texas schoolchildren. As the nations oldest sovereign wealth fund, Texas PSF supports public education in two important ways: First, the investment portfolio we manage generates returns which help fund a portion of educational expenses, including textbooks and technology. Since 1969, the fund has generated nearly $39 billion dollars to help fund public education. Second, through the Bond Guarantee Program, independent school districts and charter districts use the Funds AAA credit rating schools to lower interest rates on their debt guaranteed by the Fund, allowing more money to go toward school improvements instead of interest, and saving Texas taxpayers hundreds of millions of dollars each year.
Fortifi Bank, formerly 1st National, has been banking with folks just like you for more than 140 years. That means we have been in business since 1876. Over time, the economic landscape changes, but one thing stays the same – people need financial security to build their dreams upon.
Schmitt-Sussman Enterprises is a Orange, CT-based company in the Financial Services sector.