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Why Choose First Public

Let First Public help your organization manage investments and benefits programs for a successful future.

First Public has been serving local governments and school districts since 1987. Originally known as the Texas Association of School Boards (TASB) Financial Services, we’ve been helping communities like yours better manage your unique financial needs for decades.

In 1991, we helped launch the Lone Star Investment Pool to make your job managing public funds safer and easier. We’ve been innovating ever since, with a range of programs built to meet your unique investment goals, including those related to large construction bond programs.  

TASB Financial Services became First Public, LLC, in 2004 to better reflect our mission of serving all local governments, not just school districts. Since then, we have grown and expanded to offer a broader range of products and services.

The TASB Benefits Cooperative can help you provide your employees with access to high-quality benefits at competitive rates, including healthcare, group life, group long-term disability, and Section 125 products and plan administration. We know benefits are important to recruit and retain high-quality employees and we have the expertise in this area to help.

Throughout our history, excellent governance has been our north star at First Public. We’re a subsidiary of the Texas Association of School Boards, a trusted non-profit organization established in 1949 to support and promote public education. 

With a long history of serving Texas school districts, colleges, cities, counties, and other public entities, we have the expertise to help your organization manage investments and benefits programs for a successful future.

First Public is a registered broker-dealer with the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the Municipal Securities Rulemaking Board (MSRB) and is licensed with the Texas Department of Insurance. 

What we offer


Lone Star Investment Pool

Lone Star Investment Pool’s investors are its owners so your interests always come first with a strategy that blends principal protection, liquidity, diversification, and returns.

TASB Benefits Cooperative

The Benefits Cooperative’s full range of products and services are designed to provide value and cost-effective solutions that meet the benefit needs of your employees.