Government Banking
As a local bank, we care about the success of our local town clerks, town treasurers, and other municipal officials. We’re here to help with convenient, easy-to-manage Municipal banking products and services, with the flexible credit solutions and local customer support you need to run your day-to-day operations.
Deposit Account and Financing Options
Municipal Deposit Accounts
Municipal Deposit AccountsIncludes Municipal Checking with Interest, Money Market and Certificate of Deposit (CD) options.
Municipal Financing
Municipal FinancingIncludes Municipal Lines of Credit and Municipal Term Loans at fixed or variable rates.
Municipal Banking Solutions
We offer personalized service and flexible solutions, and our team is always looking for ways to help streamline your administrative processes while protecting the integrity of your financial information. Here are some examples of our most popular services, and how they help municipal managers.
Remote Deposit Capture (RDC)
Remote Deposit CaptureSave time and money in processing daily bank deposits. With RDC, you simply capture an image of each check deposited, and that file is sent directly to the bank for account credit. This reduces the frequency of trips to the bank, saves copies of the checks from the scanned file, and can be done right from the clerk’s desk.
Cash Management
Cash ManagementAllows municipal employees to originate direct deposits for payroll, direct debits for payment of taxes, and view account information as well as monthly bank statements–all online.
Insured Cash Sweep
Municipal Deposit AccountsA popular method of protecting excess deposits. We’ll establish a predetermined daily balance in the funding account, then excess funds are swept into the Insured Cash Sweep each night.
Positive Pay
Commercial Convenience ServicesOur Positive Pay and ACH Filtering service enables you to detect and mitigate the risks associated with fraudulent checks and ACH transactions.
Connect with us for flexible, local banking
Stop by any of our branch locations, or contact a member of our Municipal Services Team below so we can discuss your day-to-day needs.
Morrisville, VT & Lincoln, NH
Tina Norton
Vice President
Government Banking Relationship Officer
802.888.0488
[email protected]
St. Johnsbury, VT
Kory Cantin
Assistant Vice President
Commercial Loan Officer
802.748.5969
[email protected]
Vermont & New Hampshire
Katie Bessette
Government Banking Administrative Specialist
802.527.3225
[email protected]