BANKING BUILT FOR
Municipalities
& Public Works
Our experienced teams provide financial solutions, including tax-exempt financing, designed to meet the complex needs of hospitals, community associations and state and local governments.
See Services
“Great service listens first, solves second and follows through always.”
Serving a Wide Range of Industries Including:
Cities, States, Towns and other Municipal Governments
Private and Non-for-Profit Hospitals and Healthcare Organizations
Public Safety Services including Sheriffs and Police and Fire Departments
Public Works Departments including Water, Sewer, Sanitation and Power
Other Government-Affiliated Entities
PRODUCTS & SERVICES
What We Offer
Our municipalities & public works specialists provide banking solutions
customized to your business needs.
Government Deposit Interest & Non-Interest Checking
Accounts for municipalities and government entities to manage public operating funds or maintain operating balances eligible to earn interest.
Government Deposit Money Market
An interest bearing money market account for government entities holding larger reserve balances while maintaining liquidity and compliance requirements.
Access to Capital
We provide flexible financing designed for nonprofit entities–from lines of credit to tax-exempt loans.
Treasury Services
A full suite of treasury management products and services that help small organizations and municipalities maximize the use of cash, reduce costs and create efficiencies.
Dedicated Service Team
High-touch support delivered by a team that knows you and your business.
Fraud Protection
ACH Fraud Protection Services, Check Positive Pay, Account Reconciliation.
Municipalities & Public Works
Frequently Asked Questions
Where does Customers Bank serve public works organizations and municipalities?
Our Regional Commercial Banking teams deliver traditional financing solutions to public works organizations and municipalities across our Commercial Banking footprint, including the Mid-Atlantic, California and Nevada.
In addition, Customers Bank’s Public Finance team provides tax-exempt financing for the purchase or lease of essential-use equipment and services to public works organizations and municipalities nationwide.
What tax-exempt financing options are available through your Public Finance team?
We offer a range of tax-exempt financing options designed to meet public entities where they are — supporting their unique goals with flexible, practical solutions that evolve with their needs.
Our Public Finance team works closely with customers to find the right solution for each project. Options include:
- Municipal leases – A flexible way for state and local governments to finance essential equipment and projects without voter approval, supporting a wide range of community needs
- Abatement leases – A non-debt financing solution for facilities, equipment and infrastructure, with payments aligned to how the asset is used — no voter approval required
- Unlimited Tax General Obligations (UTGOs) – Long-term financing backed by the issuer’s full faith, credit and unlimited taxing authority, typically with voter approval or statutory authorization
- Limited Tax General Obligations (LTGOs) – Tax-supported financing for infrastructure and equipment, backed by limited taxing authority to support long-term community investment
- Covenant to Budget and Appropriate (CBAs) – A flexible, non-voter-approved option backed by a municipality’s commitment to budget and allocate available revenues each year
- Revenue Enterprise Pledge Obligations (Monopoly Type / ERPOs) – Designed for essential service providers, using system-generated revenues and rate-setting flexibility to fund infrastructure and upgrades
- Revenue Enterprise Pledge Obligations (Non-Monopoly Type) – Financing for competitive public services, such as airports or transit systems, supported by usage-based revenue streams
- Special Tax Obligations (STOs) – Targeted financing backed by dedicated taxes or fees, supporting projects like infrastructure improvements, community development, tourism initiatives or tax increment financing (TIF) districts
Do you provide personal banking services?
Yes. See our full suite of personal banking services.
What makes Customers Bank different?
Customers Bank was founded in 2009 with one goal in mind: to enable our customers’ prosperity. Founded and built by bank industry veterans, we understand that true innovation is powered by people. We pride ourselves on:
- Customer focus, first and always. Our success is defined by our ability to serve our customers — today and in the future. We invest in new product solutions and industry innovations that translate into a better banking experience for our customers.
- Exceptional service, redefined. Our Single Point of Contact model means that we know our customers by name, deliver personalized service and identify business solutions that address the unique needs of each customer.
- A strong and sustainable model. Customers Bank is one of the nation’s top-performing banking companies. Founded in 2009, today we are among the 80 largest bank holding companies in the U.S. — all powered by organic growth.
Read more about what sets us apart — including our industry-leading Net Promoter Score.