Government Banking

Automated payments helps
the University of Washington
drive innovation.

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Overview

As a leading financial services provider to government entities at the local, state, national and international levels, we are committed to delivering the scope and strength of our enterprise to help meet your specific objectives.

With over 100 years of commitment to the public sector, we know the unique challenges you face. You can count on our government teams to deliver innovative, comprehensive solutions and to help execute to your requirements with focus and attention to detail. You can also count on our technology leadership — delivering proven, easy-to-use solutions for government.

Specialized Knowledge

As a Bank of America government client, you will have a client manager and a dedicated team of specialists assigned to your organization to address your unique needs. Our team approach helps establish a deep understanding of your entity and provides you with a single point of access to our broad capabilities, whether your need is to raise capital or to manage it more effectively.

Community Development

From inner-city neighborhoods to remote rural areas, Bank of America brings the power of our human and financial capital to transform communities into vibrant, desirable places for people to live, work and raise families. Learn how Bank of America leverages four strategic channels — affordable housing and home ownership, small business and small farm ownership, consumer loans, and economic development — to invest in our communities.

Commitment to the Environment

Government entities play a critical role in driving environmental sustainability. Bank of America shares a commitment to protecting our environment. This pledge is evidenced in our $20 billion, 10‑year initiative to address climate change by championing sustainable business practices through lending, investing, products and services, and operations. Learn more about our environmental commitment, initiatives, policies and partnerships, and partnerships.

Integrated Treasury Management Solutions

Bank of America Merrill Lynch's integrated solutions provide visibility, control and efficiencies through a full range of treasury management services to help you collect, concentrate, pay, invest and maximize return on your liquidity. We deliver cost-effective straight-through processing, as well as real-time, intraday reporting of balances and detail for both electronic and paper transactions.

Awards & Recognition

  • Relationships with 98% of the 2010 U.S. Fortune 1000
    Fortune Magazine, August, 2010
  • Best Cash Management Bank — North America
    Treasury Management International, 2011
  • #1 SBA 504 lender (based on volume)
    Internal Bank of America Merrill Lynch data, 2011

Perspective

Case Study

Ahead of the Curve: Automated Payments Accelerate Cost Savings at the University of Washington

In a challenging Economic and budgetary environment for public institutions, University of Washington (UW) sought to reduce cost and streamline process to keep its finances and people operating as efficiently as possible. Automating paper-intensive payments using electronic solutions from Bank of America Merrill Lynch has enabled UW to transform its accounts payables operations and reduce costly paper check disbursements by 32,000 annually and growing.

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Webcast

Transform costs into savings with ePayables

Many public sector organizations are enjoying the benefits of migrating to electronic solutions. An ePayables program can deliver optimized working capital, improved process efficiencies, better controls and more predictable cash flows. Bank of America Merrill Lynch moderates a discussion among some of your public sector peers that have implemented an ePayables program and are transforming costs into savings.

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Webcast

Regulatory Reform and Market Update

Gain a better understanding of upcoming regulatory reform initiatives, and hear about the impact regulatory reform and the economic outlook could have on the rate environment.

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