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Municipal Banking
Municipal Banking at Vectra Bank is focused on credit and deposit services to public entities, including traditional municipalities and public schools, but also as special districts, metropolitan districts and urban renewal authorities and charter schools.
Our Municipal credit products seek to fill specialized credit needs for our customers frequently not available from the traditional municipal finance markets. Through short dated or floating rate facilities we seek to provide innovative interim financing that is later refinanced through fixed rate alternatives. We are active in both taxable and bank qualified tax exempt funding as well as many tax credit programs. We also offer credit enhancement for appropriate credits
Our dedicated depository Relationship Managers work extensively with state agencies, cities, counties, housing authorities, colleges, universities, and special-purpose districts. We provide expertise in depository, investments, and treasury management services. We are committed to understanding the unique needs of your cash flow cycle and offering customized solutions that maximize the use of these funds while optimizing operations efficiencies."
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