Public Sector
At California Bank of Commerce, N.A., we serve the diverse, complex, and specialized needs of California public entities. Our team has nearly 30 years of Public Sector expertise and experience working with close to 300 different public entities. We understand the unique challenges you face.
Public Sector Priorities
Safety
Funds are fully collateralized as per state law or FDIC insured up to 100%*
Liquidity
Available funds are accessible to you by writing checks, initiating ACH, wire, and sweep transactions
Yield
Money market accounts that provide competitive rates and pay interest monthly
COMPLIMENTARY BENEFITS
California Bank of Commerce is proud to offer our Public Sector partners the following complimentary Banking Products and Services.
Product or Services
Complimentary Benefits
Checking Accounts
Including Analysis Servicing fees, Monthly Account Maintenance fees, first order of checks, as well as transaction fees for Deposits, Checks Deposited, Cash Deposited, Checks Written, and Stop Payments (up to five (5) per month)
ACH Origination Services
Monthly ACH Origination Service fee, ACH Batch Origination fees, ACH Debit and Credit fees
Wire Transfer Services
Monthly Wire Transfer Online Module fees, up to five (5) Incoming Wire Transfers fees (domestic only) per month, and five (5) Outgoing Wire Transfers fees (must be completed through online banking) per month
Fraud Prevention Services
Positive Pay Service fees (whether Check Positive Pay or ACH Positive Pay), and Positive Pay Account fees
Remote Deposit Capture
Remote Deposit Capture Service monthly fee, and Deposit (RDC) fees
* Subject to program maximum, currently $50 Million
** Subject to credit approval
** Subject to credit approval
