Government Banking
As a public sector professional, you face a unique set of treasury management challenges, like strict investment guidelines and legacy technology. Santander's Government Banking Group provides customized solutions designed especially for municipalities, school districts, and other state and local government entities of all sizes. We make your needs our personal priority, so you can maximize investment income and minimize time spent on routine transactions.
Choose the experts who understand the public sector and can deliver the solutions you need, whether it’s taking advantage of the competitive features offered by our fully-collateralized Government Interest Checking Accounts or a suite of Treasury Management products designed to maximize efficiency. Santander’s Government Banking Group brings you local relationship managers with vast experience and an exclusive Government Client Services team dedicated to servicing the needs of our public sector clients.
For more information on our Lending Capabilities, please
click here
| Government Banking Interest Checking Account | A premium interest-bearing checking account featuring unlimited check-writing capabilities and a favorable rate on excess balances. |
| Government Banking Investment Account | A premium interest-bearing checking account offering highly competitive interest rates with limited transaction activity. |
| Santander Treasury Link | Manage your treasury needs through a central online banking platform—a solution for account information, payment initiation, a diverse set of treasury tools, and a secure direct communications channel with the bank. |
| Santander® Check Deposit Link | Conveniently deposit checks with a desktop scanner, and save a trip to the bank. |
| Automated Clearing House (ACH) | Save time and money by processing one-time and recurring payments electronically, with the reliability, security, and convenience of ACH payments. |
| Positive Pay (including Teller, Payee, and ACH) |
Protect against losses with one or more of these powerful services. Positive Pay flags check presentments that fail to match your issue file. Teller Positive Pay flags unmatched checks presented at teller windows. And Payee Positive Pay provides the ultimate defense— checking all payee names against your issue file. With ACH Positive Pay, you can block all payments from posting without your approval or set up advance filters for permitted transactions. |
| Retail Lockbox | Free up staff time by outsourcing high-volume, low-dollar remittance processing to Santander. We pick up payments multiple times daily from your designated post office box and deposit them into your operating account. |
| Wholesale Lockbox | Turn tax receipts and other receivables into working cash faster with multiple daily post office box pickups, and customized processing and reporting workflows. |
| Account Reconciliation | Save time and money by having us reconcile your accounts accurately and cost-effectively. |
| Controlled Disbursement | Keep tabs on daily cash position by receiving advance notice of check presentments scheduled to post that night. |
| Deposit Reconciliation | Track cash deposits from multiple sources into a single account. |
| Cash Processing | Deposit currency and bulk coin at vaults conveniently located across the Northeast. Enjoy timely delivery of cash and coin, with easy ordering through our 24/7 online or touch-tone service. |
| Purchasing Card | Negotiate better bulk discounts by centralizing employee purchases into one account for each vendor. Earn rebates based on purchase volume. |
| Virtual Card | Reduce the risk of fraud on purchases from specified vendors. The virtual card protects your real card number by issuing a single-use number for a specific purchase with a transaction expiration date. |
Strengthening Our Communities
Santander invests in the communities where we live and do business. Through grants as well as hands-on volunteer work, we support three main areas of focus.
Get in Touch
Patricia Packard
Managing Director
Head of Government and Not-For-Profit
Cell: 617-686-5770
ppackard@santander.us