At Univest, we understand public
entities have different needs, which is why we have experts who
specialize in working specifically with public funds. With a
full line of products and services, we can help meet your needs.
Univest offers a variety of public
funds checking accounts. Our experts will work with you to
determine which account best meets your needs.
Money Market Account1
A public funds money market account is
designed for public entities that maintain higher balances and want
to earn a premium rate on excess funds.
- Monthly minimum balance of $1,000
- Monthly service charge of $10 if balance requirements are not
- No monthly service fees
- No per item fees
- Tiered interest rates competitive with PLGIT Plus
A public funds sweep account is
designed for public entities that have account balances exceeding
their daily operating expenses. This account can help maximize
funds by automatically transferring excess monies from your public
funds checking account into a securities account every night.
Time Open Account
Univest offers a variety of time open
accounts for public entities at special rates.
Univest offers an array of cash
management products and services to public entities at special
rates and discounts.
All Public Funds money is in compliance with Act 72.
1 Limited to six (6) withdrawals or transfers to
another account or third-party by means of check, draft and debit
card (including online or telephone transfers) within a statement
period/cycle. Unlimited deposits and withdrawals at any Univest