Products and Services > Government Financial Services 

Overview | Investment Services/Cash Management | Local Government Financing Programs
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Investment Services/Cash Management
Pennstar Government Financial Services offers a broad array of investment vehicles
to ensure that local governments are able to maximize their return while ensuring public funds. Most of our accounts can be service charge free and earn a strong market rate
of return.
Government Demand Deposit Accounts
Our municipal checking account provides unlimited check writing, no fees and an attractive market rate of return. Many Pennsylvania local governments currently use this type of account for:
- General Operating Accounts
- Special Project Account Management
- Road and Recreation Funds
One of our most popular accounts features a very competitive rate of interest coupled with the great features of a liquid investment account. Local government entities are utilizing this attractive account for:
- Liquid Fuels Fund
- Short Term Investing
- Project Draw Down Accounts
- Bond or Note Liquid Investments
Collateralization
At Pennstar, we believe that safety and security are hallmarks of sound fiscal management. All government accounts at Pennstar Bank are fully collateralized in accordance with Pennsylvania Pledge Act 72.