Money Market Fund

TFE also offers an institutional money market account through Associated Bank for the benefit of parishes.  The fund is the Goldman Sachs Government Money Market Institution Fund (FGTXX).

Should your church or special Episcopal entity have surplus cash on hand and be looking for a safe and liquid account into which to invest those funds temporarily, we can put that money into the fund at Associated Bank, and probably obtain a return better than you would be able to obtain locally on your own. This is another way in which the existence of The Combined Fund can benefit smaller entities in the Diocese.