Government

Specialized Lending

Government

As a community bank, we fully support our public entities and their critical role in our communities. As such, we have a dedicated department to assist all public entities to meet their banking goals of safety, liquidity and rate of return. By banking with Five Star Bank, you can focus more on running your public agency, knowing that your dedicated banker will help you reduce your costs, increase your earnings and streamline your operations.


Accounts

As per Government Code, all funds deposited are collateralized at least 110% for your protection. Choose from checking, interest checking, analyzed checking or money market accounts.

Online Banking

Access your accounts 24 hours a day/7 days a week as needed. You can view the accounts history, make transfers and initiate wire transfers or ACH transactions on our safe and secure platform.

Payment Services

Wire Transfers – Initiate domestic or international wires conveniently from your office with mobile/tablet approval optional. You can set-up multiple approval levels, and create user permissions and thresholds as necessary to meet your needs.

Automated Clearinghouse (ACH) – Initiate payments to staff or vendors quickly and easily from your office (also with mobile/tablet approval optional.) You can direct deposit into as many as 15,000 different payee accounts.

Collection Services

Remote Deposit Capture – Scan and deposit checks into your account with a scanner connected to your computer. This service saves you time from driving to a branch to make deposits and increases the efficiency of your staff.

Automated Clearinghouse (ACH) – Initiate authorized debits from your customers’ accounts quickly and easily from your own computer. This saves you and your customers time and effort and improves your reconciliation.

Fraud Prevention

Positive Pay – Reduce risk of check fraud and increase control over disbursements.

ACH Blocks – Protect accounts from unauthorized ACH entries by automatically blocking all ACH debits/credits from posting to accounts. Unauthorized transactions are automatically returned to the originating bank.

ACH Filters – This works the same way as an ACH Block, but allows you to define who is permitted to credit or debit your account. All others not permitted will be rejected the same as an ACH Block.

For more information or assistance, please contact Jerry Legg, Senior Vice President, Government Banking Manager, at (916) 640-1512 or at jlegg@fivestarbank.com.