Banking Products for Government

Providing You With the Resources You Need to Serve the Community

Modern Bank knows what it takes to manage complex finances. With our easy-to-use tools, bespoke solutions, high-touch service, and innovative products, we are focused on simplifying the day-to-day operations of municipalities and government organizations.

Banking Products for Government

Reserve Money Market

Our Reserve Money Market Account offers competitive interest rates, so you can maximize your return while still having easy access to your funds.


Our Checking Accounts are designed with features that simplify your day-to-day banking operations, including free online banking, bill pay, and mobile deposit.

Charge Card*

Our Charge Card provides a convenient way to manage your municipality’s expenses, with detailed reporting, simple payment options, and advanced security features.

* Branded MB Credit Card. Certain terms and conditions may apply.

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Cash Management Solutions

Lockbox Processing*
Helps accelerate collection of remittance payments.
*Third party fee may be applicable.
Mobile Deposit
Skip a trip to the bank by taking a picture of your check and depositing from anywhere
Remote Deposit Scanner*
Deposit large volumes of checks directly from the office with a check scanner
*Third party fee may be applicable.
Monitor checks and ACH transactions presented for payment against your account and reject unauthorized transactions before losses occur.


Direct agent access

Our team of service reps are ready to help by simply calling or emailing for a prompt response

Checkbook Orders

Order/reorder checks online*
*Third party fee may be applicable.

online banking

Manage your accounts with ease using our online banking platform

mobile banking

Access your Modern Bank accounts on the go from the convenience of your smartphone

ACH Transactions

Upload a NACHA compatible file for quick payments or collections

real-time transfers

Cover a low balance using your savings account or sweep excess cashflows from checking to savings

stop payments

Place a stop payment online

delegate sub-users

Control the level of access to your bank accounts in your online banking portal

Enhanced security

Multi Factor Authentication available upon request

Account alerts

Conveniently control alerts to safeguard your accounts

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From Our Blog

Maximizing Reserve Funds with Modern Bank

Municipalities and government organizations play a crucial role in the development and growth of a community. These organizations are responsible for providing essential services like roads, water supply, public safety, and waste management, among others. To fulfill these responsibilities, it is essential that these organizations maintain a reserve fund to prepare for unexpected events and ensure financial stability.

Connect with us

Start a conversation with our team and let us help you build

Give us a call 212.323.1100