Municipal & Local Government Banking
Solutions to meet the needs of our local governmental entities.
B&B Group Bank is proud to work with numerous local public sector clients. We look forward to the opportunity to build a relationship with your organization.
Our services include the following:
Competitive Market Rate Deposit Accounts
Consolidated Account Structure with Sweep Mechanism between B&B Group Bank Accounts
Automated Cash Management Information
- Prior day summary and detail balance reporting on all accounts
- Intra-day detail and summary balances (on local main and payroll accounts)
- Initiation and monitoring of stop pay requests
- Positive Pay exception transactions
- Initiation and monitoring of internal and wire transfers
- Image access
- Online Banking services
- Multilayer Security Controls
- Account information inquiry includes current and available balances
- Online statement retrieval
- Transaction history download
- Schedule one-time or recurring funds transfer between accounts
- Schedule one-time or recurring loan payments
- Web-based wire transfer origination
- Set up and initiate one-time or recurring wire transfer instructions through Prosperity Online Banking single-user, multi-user, and/or dual control authorities are allowed with password and dollar limit restrictions
- Web-based ACH origination
- Originate electronic payroll deposits or payment drafts through Prosperity Online Banking
- Import NACHA-ready files from third-party software applications, or create payroll or payment databases directly in our products
- Web-based Bill Pay services
- Create accounts payable databases and initiate payments through Prosperity Online Banking
- Positive Pay Accounting
- Help prevent unauthorized, stolen or counterfeit checks from paying against your account
- Remote Deposit Capture
- Scan checks for deposit and electronically transmit those check deposits to your account