Industry Solutions: Government Finance

Webster’s Government Finance Group offers the customized solutions and specialized expertise your public organization needs, with the support and attention you deserve.

Overview + Offerings

Public sector organizations face a number of challenges, most notably, strict regulatory requirements and budgetary constraints. That’s why Webster has created a range of flexible services to meet your unique needs.

From helping you reconcile your accounts to maximizing your credit rating, our experienced relationship managers can customize products to best suit your organization.

Webster offers your public entity:

Our Breadth of Experience and Expertise

Webster has worked with various public organizations, including:

  • States + State Agencies
  • Municipalities
  • Housing Authorities
  • School Districts
  • Special Services Districts

Steadfast Security of Public Deposits

Webster takes pride in the security of its deposits and continues to hold the distinction of “well-capitalized.” For public funds, we offer many additional products that go above and beyond our standard level of collateral and insurance.

Webster offers the following:

  • Collateralization options that are legally compliant in multiple states
  • A Secured Municipal Account offering 100% collateralization of funds
  • Federal Home Loan Bank Letters of Credit
  • Third Party Custodial Agreements

Sophisticated Cash Management

Our range of checking and money market accounts and cash management products includes:

Fraud Protection and Loss Prevention

Every organization is susceptible to fraud, but public entities are particularly at risk. Your relationship manager will work closely with your organization to help deter and prevent losses resulting from fraud.

Take advantage of important tools like:

Range of Insurance Services + Employee Benefits

To help you prepare for the unexpected and protect your organization, we offer services, through our marketing relationship with USI Insurance Services of Connecticut, Inc., including:

To learn more about our Government Finance services, please give us a call.

  • In Connecticut or New York: 1-888-544-9278
  • In Massachusetts or Rhode Island: 1-888-628-0583