Banking Solutions for Government

Financial solutions designed for governments and municipalities.

Meet the financial challenges of your government entity by partnering with Popular Bank. Our government banking solutions are designed to help publicly funded entities meet their specific needs. You can find accounts available exclusively for public entities that can solve your everyday checking needs or allow you to invest in liquid accounts. With our solutions, you’re also able to collect your residents’ tax payments or parking tickets conveniently through our lockbox services.

Explore our government banking solutions.

Find solutions that help you manage the present and prepare you for the future.

Public funds checking accounts

Public funds checking accounts

Meet your everyday needs with our checking accounts designed for government organizations.

Lockbox Services

Lockbox services

Collect and process checks and payments from a unique PO Box so you can save time and accelerate access to funds.1

Direct Transmission Services

Direct transmission services

Streamline your payments when you send and receive transaction files to a secure designated directory.

Public funds money market and CD

Public funds money markets and CDs

Take advantage of our competitive rates available in our money market and certificate of deposit (CD) accounts2 for public entities.

We understand the government sector.

At Popular Bank, we understand the unique financial needs of the government sector. We are experienced in helping publicly funded entities, such as:

  • State and city agencies
  • Housing authorities
  • Townships and municipalities
  • City and state schools
government and municipal banking

Treasury management tools to streamline your operations.

Manage cash flow

Manage cash flow

Use our treasury management tools to help ensure your government agency has a healthy cash flow.3

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Bank on the go

Bank on the go

Make payments, review account activity, deposit funds remotely, and more, all from one easy to use online platform.

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Make payments easy

Make payments easy

Save time and reduce cost on vendor and payroll payments with ACH4 and wire5 payments.

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Protect against fraud

Protect against fraud

Safeguard your government entity against fraud with our Positive Pay solutions.

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Let’s make a plan to drive your agency forward.

Give us a call or send an email to tell us about your needs. Our team of government banking specialists is here to help you through every step of the process. Please reach out to Solomon for support in New York and New Jersey, or to Christian for support in South Florida. We look forward to speaking with you.

Solomon Ponniah

NYM Region

Director of
Business Banking

(917) 587-2189
sponniah@popular.com

Christian Bertot

SFL Region

Business Banking
Retail Banking Manager

(786) 953-1245
cbertot@popular.com

Why choose Popular Bank?

Relationship first

Relationship first

Your dedicated Popular Bank Relationship Manager works closely with you to become like an extension of your organization.

Tailored solutions

Tailored solutions

Find the right solution to meet your operational needs and maximize taxpayer dollars.

Supportive team

Supportive team

Feel the support of the entire Popular Bank team, from our branch staff to our treasury management specialists.

Government expertise

Government expertise

Partner with a member of our team who has deep knowledge of your budgetary and liquidity challenges.

Simplify your payroll management with our partner Paychex®

Popular Bank has teamed up with Paychex® to give you an affordable, full-service option for outsourcing payroll, HR, and employee benefit administration.6 

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payroll services Paychex

Accept customer payments anywhere with merchant services.

Popular Bank merchant services provided by Clover® can help you design a seamless payment experience for you and your customers.7

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Accept customer payments anywhere

Connect with our government banking experts.

We are ready to personally connect with you and explore how our solutions can help your government entity. Please reach out to us and we'll help you get started.

Connect with us
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Industry Insights

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1Additional fees may apply. Please contact your nearest branch for more details.

2A penalty will be imposed for early withdrawal. Fees may reduce earnings on the account.

3Additional charges may apply. Please consult your Popular Bank Relationship Manager for more information.

4Eligible domestic ACH credit transactions, not exceeding $1 million per entry and sent on or before 2:30pm Eastern Time on business days, are automatically enabled for Same Day ACH processing. For more details, please refer to the Cash Management Master Agreement.

5Wire transfers are subject to bank approval.

6Payroll services are provided by Paychex, Inc. Popular receives compensation from Paychex in connection with payroll services provided to Popular customers. Paychex® is a registered trademark of Paychex, Inc. All registered trademarks, service marks, and other trademarks cited herein are the property of their respective owners.

7Merchant Services products and services are provided by Popular Bank’s merchant partner, First Data Merchant Services LLC. The Clover name and logo are trademarks owned by Clover Network, LLC., registered or used in the U.S. and many foreign countries. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. Popular Bank is not an affiliate of First Data Merchant Services LLC. and does not provide, warrant, or guaranty their products or services. © 2023 Clover Network, LLC.