The California
Society of Municipal Analysts (CSMA) was established in 1986 as a
non-profit organization for the purpose of encouraging
professional development through discussions, meetings and
presentations of issues relevant to municipal credit analysis.
The CSMA is the California affiliate of the National Federation
of Municipal Analysts.
Membership in the society is open to municipal analysts and
municipal portfolio managers who meet the standards as
established by the organization and outlined in the By-laws. Dues
are collected annually by the CSMA. The CSMA welcomes new members
to the organization and encourages their participation.
Currently, there are over 120 members in the CSMA.