Products & Services
Maximum Yield and Cost Savings
Bank of Canton can tailor a government banking package that maximizes your cost savings and interest paid. Choose from a wide range of products and services, designed to ensure that your municipality’s ongoing programs and special projects are financially successful. All deposits are 100% guaranteed through the FDIC and DIF.
Government Banking Products
Our Municipal Operating Account offers a competitive interest rate on your book balance – not your account or collected balance – so you’ll get maximum return. Plus, there’s no monthly service fee. Municipal clients can also add Vendor and Payroll Accounts as well, at no extra charge.
Our Municipal Money Market Account has no monthly service fee and a competitive, tiered interest rate that increases with your balance. There’s no minimum balance required to maintain the account, and requires only $2,500 to open. Your municipality will earn a great rate while preserving flexibility.
Our Municipal Certificates of Deposit (CDs) offer competitive rates, with terms ranging from 91 days to 3 years. They’re the perfect savings option for funds you won’t need to access in the short term.
Our Online Banking & Bill Pay gives you an easy, convenient and secure way to manage your municipal accounts online.
Remote Deposit allows you to scan and deposit checks right from your desk, for faster funds availability, greater convenience and maximum flexibility.