Public Funds Banking Services

Solutions designed to empower your organization

Our Expertise
Managing public funds for more than 125 years

We partner with public entities to help balance safety, liquidity and competitive returns. Our experienced specialists deliver personalized service and customized public-sector banking strategies designed around your financial needs.

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Protect

Safeguard public funds with fraud prevention tools.

Manage

Improve cash flow, reduce risk and improve efficiency.

Optimize

Make the most of excess cash and bond proceeds.

Find a Branch

Who We Serve
Supporting public entities of all sizes

Educational organizations

We offer products and services to help you support tomorrow's leaders.

  • Accept credit card donations at events or online with our merchant services accounts
  • Create legacy opportunities with philanthropic and planned giving
  • Save time by depositing checks remotely

Government organizations

We deliver reliable government banking services to help agencies manage public funds efficiently and securely.

  • Boost fundraising efforts by taking online credit card donations
  • Build for the future with competitive rates on mortgages
  • Maximize your efforts with investment products that help funds grow

Municipalities

Invest in the future of your city with municipal banking solutions.

  • Manage municipal cash flow with a full range of checking, payment and investment options
  • Help your fundraising efforts by maximizing donations with investment products
  • Offer legacy opportunities for residents with philanthropic and planned giving

Public utilities

Manage essential services with secure, efficient banking solutions.

  • Streamline collections and payments with digital banking solutions
  • Improve cash visibility and liquidity across operating accounts
  • Strengthen controls and help protect critical funds from fraud

Our Promise
A trusted partner for public entities

Forever First

Our commitment to our clients hasn't changed since we opened our doors more than a century ago.

Better banking

We believe a bank should be a partner in your mission, and we're dedicated to your organization's success.

Community connections

As a community bank, we can provide local connections and insights to help your organization thrive.

Public-Sector Banking Solutions
Banking built to meet your needs

Deposit services

Safeguard public funds with secure and flexible deposit solutions.D

  • Business checking
  • Savings
  • Certificates of deposit, or CDs
  • Money market accounts
  • IntraFi Cash Service®D
  • Sweep accounts

Treasury services

Improve liquidity and operating efficiency with customized treasury strategies.

  • Payables solutions
  • Receivables solutions
  • Liquidity management
  • Fraud prevention

Merchant services

Accept payments securely online, in person, by phone or through digital channels.

  • Online payments
  • Email and text invoicing
  • Payment links
  • QR codes
  • Recurring billing

Institutional asset management

Receive guidance from experts who understand the unique challenges of public-sector finance.

  • Investment consulting
  • Bond portfolio strategies
  • Municipal advisor services
  • Municipal custody services

Ready to Learn More?
Let's discuss your public funds objectives

Whether you're focused on safeguarding funds, improving liquidity or enhancing returns on excess cash and bond proceeds, our team can help identify strategies tailored to your organization's needs.

Talk to a Banker

Account openings and credit are subject to bank approval.

Bank deposit products are offered by First-Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941

IntraFi Cash Service® (ICS®) allows eligible deposits to be placed among participating network banks in amounts intended to qualify for FDIC insurance coverage. ICS is not an FDIC-insured bank. Deposits placed through ICS are subject to applicable agreements, terms, conditions and disclosures.

IntraFi Cash Service® (ICS®) is a service of IntraFi LLC. IntraFi LLC is not affiliated with First Citizens Bank

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services, and content on any third-party website.

Third parties mentioned are not affiliated with First-Citizens Bank & Trust Company.

Your investments in securities and insurance products are not insured by the FDIC or any other federal government agency and may lose value. They are not deposits or other obligations of, or guaranteed by, any bank or bank affiliate and are subject to investment risks, including possible loss of the principal amounts invested. Past performance does not guarantee future results. There is no guarantee that a strategy will achieve its objective.