Government Banking

We share your commitment to service

At Bank of America, we understand the financial needs of government, and remain committed to serving this specialized segment. With a long history of serving governmental organizations of all sizes, 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.

As a leading financial services provider to government entities at the local, state, national and international level—and providing specialized services for education and bankruptcy trustees—we are committed to delivering the scope and strength of our enterprise to help meet your specific objectives.

Client team approach

As a Bank of America 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.

Government leadership

Over 100 years providing services to government entities across the U.S.
Current relationships with over 9,300 state & local governments and public school districts
Serving 37% of higher education organizations nationwide
Top 10 senior managing underwriter of tax–exempt securities to governments and their agencies
Largest tax–exempt leasing portfolio
Leading provider of liquidity facilities and letters of credit backing variable rate issuances
Leading holder of direct debt to government agencies
Major financial agent to the U.S. federal government, supporting U.S. Treasury department programs, in support of a diverse set of federal agency applications
Major provider of card services for purchase, travel and fleet expenses for employees of the most complex federal, state and local government agencies
Major provider of Electronic Federal Tax Payment System (EFTPS) and largest processor of IRS paper collections
Leading consumer banking franchise

Community development programs

At Bank of America, we believe in helping communities through the governments that serve them and through our direct involvement in community development programs. Integration of our company’s financial and human capital has a powerful impact on neighborhood excellence. In 2004, we set a 10–year goal to invest and make loans totaling $750 billion for community development efforts throughout the country through:

Program–related investments: Investing in community development financial institutions
America – Block by Block: Provides long–term strategic community development in select cities
Credit counseling grants: Offering grant funding to qualified credit counseling agencies

Solution Spectrum


	Learn more about our expertise in: •Equity capital raising •M & A •Interest rate risk management •Foreign exchange •Treasury services •Trade services •Correspondent banks’ needs •Card solutions

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Capital markets products and services provided by Banc of America Securities LLC, a registered broker–dealer and a member of FINRA and SIPC, and a subsidiary of Bank of America. Banc of America Securities Business Continuity Client Disclosure Bank of America, N.A., Member FDIC.