GOVERNMENT AND INSTITUTIONAL SERVICES
Uncommon Approach
Wachovia has devoted significant resources to developing a comprehensive understanding of the special financial requirements of public service organizations. With dedicated Government and Institutional Relationship Managers, we are here to provide you with the skills, market research, and financial solutions to help you succeed.
We serve the following organizations:
- Cities, counties, school boards, municipalities
- States, state agencies, federal agencies
- Special purpose municipal districts and authorities
- Infrastructure projects with public sector involvement (airports, toll roads, arenas, etc.)
- Private and public colleges and universities, their foundations, and exclusively “for benefit of” student housing
- Private primary and secondary schools and prep schools that have or may issue tax-exempt debt
- Charities, membership associations, and cultural institutions
The Wachovia Advantage
Wachovia offers a variety of specialized financial products, ranging from large project underwriting to public funds checking accounts. Your local Relationship Manager manages your total financial relationship, calling upon training and experience in the specialized requirements of public service entities.
Asset Management
Institutional investment management and institutional trust services
Benefits and Retirement Services
Direct deposit payroll services, 401(k) plans, and equity services for your employees
Cash Management and Deposit Services
Payables, receivables, merchant services, and public funds checking and savings
Commercial Lending and Leasing
Including lines of credit, term loans, letters of credit, and commercial leasing
Sales and Trading
Money market and fixed income