Specialized Commercial Banking Solutions for Government Entities
BBVA Compass offers a wide range of products and services to the government sector, including states, counties, cities, and special purpose entities. As a client, you benefit from a team of bankers who are experienced in your sector and are committed to working with you to develop solutions that fit your specific commercial banking needs.
Our team approach includes local relationship managers and government finance specialists who draw on their knowledge of local market conditions to assist you with:
- Capital Improvement financing
- Equipment financing
- Interim financing
- Treasury management
- Deposit services
Financing and Working Capital
We can assist with private placements of bonds and credit agreements that can be used to support capital expansion, equipment acquisition, or other interim commercial banking needs.
- Traditional term loans and private placements of bonds often offer lower costs and more efficient disclosures than a public offering.
- Lines of credit, tax anticipation notes, and bond anticipation notes are available to meet working capital and interim financing needs.
- Medium-term financing is available with amortization up to 20 years.
- Debt financings can potentially be taxable or tax exempt; tax exempt debt can be both qualified or non bank qualified.
- Debt can be structured as variable or fixed rate to help manage interest rate risk.
- Liquidity and credit enhancement support is available for variable rate debt and commercial paper facilities through stand-by bond purchase agreements and letters of credit.
Treasury Management and Deposits
Improve processing efficiencies and enhance monitoring capabilities with treasury management and deposit commercial banking services designed specifically for the government sector.
- Treasury management services include online banking, remote deposit, debit/credit card processing, and image lockbox solutions for incoming payments. Learn more
- Deposit services include collateralized accounts to meet regulatory requirements and fraud protection for your security and protection.
- Purchase card and electronic payment solutions can help you streamline your accounts payable processing. Learn more
- Investment solutions are available through various interest bearing accounts and certificates of deposit offered through BBVA Compass.
- Workplace Solutions is a package of money-saving products and services unique to BBVA Compass that is available to offer your employees at no added cost to you.