On November 4, 1993, the Central Pennsylvania Chapter of CFMA achieved "Official Chapter" status from National.
On August 17, 1993, a group of individuals, most of whom did not know one another, convened in Lancaster, Pennsylvania to discuss the possibility of forming a local chapter of Construction Financial Management Association (CFMA). The need for a chapter was evident, especially since the closest chapter in Philadelphia was too far away to attract new members from the Central Pennsylvania region. From this initial meeting a Formation Committee was established to focus on the common objectives that are the basis for all CFMA chapters.
The Committee's objectives were simple and direct. The Central Pennsylvania Chapter of the CFMA was to unite individuals with financial responsibilities in the Construction Industry; to provide a forum for Chapter members to meet, debate and generate fresh ideas; and to coordinate programs dedicated to the purpose of improving professional standards within the industry. Their vision was one of meeting both current and future needs of the construction financial community.
The specific tasks necessary to create the Chapter were challenging and numerous. Less than three months after the Chapter Formation Committee congregated to organize and create this new Chapter, the Central Pennsylvania Chapter achieved the following milestones: