Municipal Banking

Saratoga National Bank and Trust Company believes in providing superior quality service at competitive rates to municipalities, school districts, and other government-related entities. A long-standing commitment to the community and dedicated customer support provide the foundation for superb relationships with our municipal customers. Available services include:

Cash Management: The convenience of internet banking to maximize your money management and save time. Includes a full array of commercial cash management services, including Automated Clearing House (ACH) transactions, viewing two-sided check images, setting-up account alerts, making single and recurring payments, transferring funds between accounts, and more. Contains multiple security features such as designating access for employees, data encryption, and secure communications with the bank.

Checking Accounts: Interest and non-interest bearing without transaction limits. Collateralization for all deposits provided in accordance with New York State Comptroller guidelines and held by a third-party custodian. Night deposit services, free checks, wire transfer services, and more.

Employee Banking Program: Special service charge free checking accounts for employees with direct deposit, as well as access to all personal banking services.

Employee Benefit Plans: A full array of retirement plan services are also available.

Municipal Finance: Services include bond anticipation notes, revenue anticipation notes, tax anticipation notes, and serial bonds.

Remote Deposit Capture: The convenience of processing check deposits without leaving one’s desk. A capture system that remotely transmits check images for deposit and allows for extended cut-off times.

Savings and Investment Accounts: Multiple ways to save, including savings accounts and competitive rate certificates of deposits starting with just seven days. Collateralization for all deposits provided in accordance with New York State Comptroller guidelines and held by a third-party custodian.

Special Services: Saratoga National Bank and Trust Company is committed to providing our customers quality services to meet all their financial needs. Please contact us to discuss additional solutions.

For more information, contact us at (518) 583-3114.