As of 2015, New England AFP is the third largest regional of all 64 regional associations of the AFP. The organization was founded in the late 1970’s by a group of new cash management professionals who were challenged by high interest rates and a new asset class called “cash”, which had never before been viewed having significant value. The Sources of Education conference, held annually in Boston from 1986 until 2014, attracts over 500 participants from throughout the United States and Canada. In April 2015, the conference moved to Mohegan Sun Conference Center in Uncasville, CT. Annually in the Fall, New England AFP also holds full day FUNDAMENTALS OF TREASURY MANAGEMENT course for members and non-members.