Products and Services > Government Financial Services 

Overview | Investment Services/Cash Management | Local Government Financing Programs
Free Employee Banking with Direct Deposit of Payroll
Local Government Financing Programs
Pennstar Government Financial Services understands the complexity
of local government financing. That’s why we offer a full array of ALL
types of local government debt issuance types for Pennsylvania’s
local governments and authorities.
Types of Government Lending available at Pennstar:
- General Obligation Term Loans
- Vehicle Purchase
- Authority Loans & Lines of Credits
- Tax and Revenue Anticipation Notes
- Grant Anticipation Notes
- RUS and PENNVEST bridge loans
- Project Line of Credits
Here’s why many community leaders choose to bank with Pennstar:
Convenience: With convenient locations throughout our region, Pennstar offers the ability to conduct ANY transaction right at your local office. No need to deal with a large institution and an 800 number,
local governments are able to work with hometown people right in their own community.
Experience: Our municipal financial team brings decades of experience to each and every transaction
to ensure it is structured most efficiently, effectively and in accordance with all appropriate laws
and regulations.
Understanding: We understand that local government leaders are very busy dedicated public servants.
With a broad comprehension of the laws, requirements and documentation required for issuance of
public debt, we make every transaction as smooth and uncomplicated as possible.
Rate: Being a local managed bank, we are sensitive to our local market. We make decisions locally
and therefore are very responsive to ensuring that we have rates that are often times much more attractive
than banks not headquartered here in Pennsylvania.
Cost: By using local people, Pennstar Government Financial Services has compiled documentation that
fits most every need therefore drastically reducing the costs of financial lending transactions.
With local people making local decisions, Pennstar Government Financial Services can get your loan
approved with a great rate, quickly! We can do this faster and more cost effective because of our
headquarters right here in Northeastern Pennsylvania.
Pennstar Government Financing Program Features:
- Very Competitive Tax Free Bank Qualified Rates
- Multi-Year Terms
- Draw Down Features on Line of Credits
- Flexible Payment Terms
- Quick Turn Around times
- Local Decision Making
Flexibility, timing and understanding are important considerations when undertaking any public project
and at Pennstar Government Financial Services we are able to deliver an unparallel level of service in each
and every transaction.