In the current financial environment, addressing the complexities of your organization in the public sector is critical to advancing your goals. BofAML provides a full range of solutions and services to help create new opportunities for your organization, community and individuals you serve.
Public sector specialists
At BofAML, your dedicated client manager leads a team of public sector specialists who work together to deliver knowledge and capabilities to help you succeed.
- Treasury management — Increase your visibility, control and efficiencies through integrated solutions to help you collect, concentrate, pay, invest and maximize return on your liquidity. We deliver cost-effective straight-through processing, as well as real-time, intraday reporting of balances and detail for electronic transactions.
- Credit and finance — Access a full spectrum of bank and capital markets solutions for public sector institutions, including letters of credit and liquidity facilities, on-balance sheet loans and leasing, and tax-exempt financing.
Business and environment objectives work hand-in-hand. Following the successful completion of our $20 billion environmental business initiative, completed over four years early, we have committed an additional $50 billion to help address climate change, reduce demands on natural resources and advance lower-carbon economic solutions over the next 10 years.
The Public Sector Banking group has already played an important role in this initiative, delivering more than $2.5 billion to clients in the U.S. to deploy renewable energy and energy efficiency capabilities in local communities. Learn more about our environmental commitment.
We fuel economic growth and neighborhood revitalization by extending credit to individuals, local businesses and community organizations, while ensuring a fair return for our shareholders. Through charitable giving, we further our impact on economic development by helping to address important issues, including housing, hunger and jobs.