Government Banking Solutions

Providing Public-Sector Agencies with Customized Services

Investors Government Banking accounts are designed to meet the various needs of government agencies. Our team of experienced professionals can help you with an understanding of the complex regulations under which governmental entities operate.

We service municipalities, boards of education, county government, housing authorities and municipal utility authorities. Whether you need cash management services or deposit products, Investors can help you improve your cash flow and manage your funds effectively and efficiently.

Cash Management Services

Treasury Services with Investors Business Online^SM Banking and Bill Pay—An efficient set of online tools that can be customized to suit any organization, ensuring your cash balances are constantly working hard for you.

Instant transaction originations, customized reports, automatic balance alerts, ACH and wire transfers, account to account transfers and fraud control are just a few of the features that give government entities like yours an unprecedented level of control, freedom and flexibility.

Business Remote Deposit Service—Make deposits to your checking account quickly and easily; right from your location. No more rushing to the bank to make deposits. With Business Remote Deposit Service, you have until 7:00 p.m. EST to scan your checks for same-day deposit.

TransFirst Merchant Services—Provides convenient, cost effective, secure payment processing solutions. Whether you need new payment solutions in-person or online transactions, integrated terminals, pay cards, gift cards or a loyalty program, we provide a single-source solution—including one statement for all your payment transactions.

Investors has a wide array of checking accounts, money market accounts, and certificates of deposit that provide competitive interest rates and features to help municipalities manage their cash flow.

Surrogate Accounts—Investors has a dedicated Surrogate Department to meet the various needs of Intermingled Trust Funds.

Municipal Escrow Services—Provides municipalities with enhanced escrow management services designed to merge sub account information under a master account for detailed reporting and ease of use.

GUDPA—The Governmental Unit Deposit Protection Act is a supplemental insurance program set forth by the New Jersey Legislature to protect the deposits of municipalities and local government agencies. Local governments are required by law to deposit their funds in a financial institution/depository that protects funds pursuant to GUDPA. Investors is certified by the State of New Jersey as a GUDPA funds depository.

Bond Anticipation Notes—Investors can provide bond anticipation notes, which are a type of short-term governmental bond issue, the proceeds of which are generally used to pay the startup costs associated with a future, long-term, bond-financed project.

Tax Anticipation Notes—These are securities issued by a municipality against expected tax collections. They have a maximum maturity of one year and are used for cash management purposes.

Workplace Banking—Municipal employees receive the benefits of a relationship checking account without the minimum balance requirements. With Investors Workplace Banking, your employees receive $100 when they open a checking account with direct deposit, a free Visa(R) Preferred Check Card, Visa(R) Extra reward points, free services, and much more.

Get Started Now

Contact Brian Turano at 973.766.2427 or visit your local branch.
Or, E-mail Investors Business Banking.