Government banking
Providing innovative, effective and secure financial solutions for the diverse communities we serve
We help publicly funded entities of all sizes spend less time on day-to-day banking and more time serving their communities.
Have questions? We’re here to help. Reach out to your local J.P. Morgan contact at any time.
Why J.P. Morgan?
When you work with us, you benefit from access to cutting-edge products and services, plus:
Experience
We've been addressing the challenges faced specifically by public entities since our founding in 1799.
Dedication
A team of over 200 government banking professionals supports budgetary, treasury, billing, collections, financing and liquidity needs.
Investment
Our $15 billion investment in technology helps keep your assets and information protected.
Community
We’re investing billions of dollars to promote inclusive economic growth across the country through our AdvancingCities and Racial Equity Commitment initiatives.
Experience with public entities
We serve nearly 2,000 public entity clients across the United States—from cities and counties to school districts and transit authorities. We understand your needs when it comes to managing revenue, payments, credit, as well as cybersecurity and fraud protection.
An understanding of your credit challenges
We've extended over $4 billion in credit to state and local governments. We’ll work with you to find the right financing solution to meet your capital improvement project, equipment leasing and other debt financing needs.
Support for your critical projects
Our bankers bring specialized knowledge across all areas of your operations. Since our founding in 1799, we’ve supported projects related to planning, development, tax processing and disaster relief, among other critical activities.
You're in good company
We do business in all 50 states—in fact, we're the only bank that can accept government deposits in all 50 states and Washington, D.C. We’re honored to count over 1,000 cities, 600 counties and 650 school districts among our clients.
Dedication to your needs
Our people are what separate us from the rest.
Collaboration
Your relationship team works with you to understand and anticipate your needs based on industry challenges and your strategic goals. We're there to support you each step of the way.
Engagement
A diverse range of stakeholders contributes to your transition to a more sustainable economy, while stressing accountability and transparency.
Service
Our Client Service team works with you to quickly resolve day-to-day issues and proactively engage internal partners when needed.
Diversity
You’ll find that we work hard to create a culture of respect, equity and inclusion across everything we do.
Investment in security
We invest $15 billion in technology to protect your assets.
Our ongoing investment in treasury services technologies keeps pace with your evolving needs while helping you build resiliency with the latest cybersecurity best practices.
As a client, you’ll benefit from access to expert guidance on cybersecurity issues. Your relationship team will even help you run cybersecurity tabletop exercises to put that guidance into practice.
Commitment to our communities
We support people through comprehensive philanthropic investments.
Our $500 million, five-year AdvancingCities initiative promotes inclusive economic growth across the country. Visit AdvancingCities to learn more.
Additionally, as part of our Racial Equity Commitment, we’re dedicating $30 billion by the end of 2025. The commitment includes incremental lending and equity investments—as well as philanthropic capital, products and services—to help close the racial wealth gap and drive economic inclusion. These funds will help provide more opportunities for home ownership, access to affordable housing, entrepreneurship and bolstering financial health for Black, Hispanic and Latino communities. Visit Affordable Housing to learn more.
Innovative products and services
Manage your banking smoothly, safely and efficiently with our lineup of treasury products and services.
Digital Bill Payment
An innovative bill presentment and payments solution that grows with you. You can now offer payees more payment choices and get next-business-day settlement. Plus, stay on top of incoming payments across channels such as web, text and more—all on a seamless self-service portal.
Visit Digital Bill Payment for more information.
J.P. Morgan Concourse™
Facilitate payments1 between you and your constituents using a single integration point. Concourse’s website experience enables you to securely initiate electronic payments to constituents using their email address. They can select their payment preference.
Visit J.P. Morgan Concourse for more information.
Virtual card and Commercial Card
We offer virtual cards, a secure, one-time use card number to help you efficiently manage and monetize your payment process by converting paper payments to electronic transactions. Virtual cards help reduce costs and report nearly 0% fraud. We also offer Commercial Card, which allows you to manage procurement and travel expenses with versatile card controls, has online functionality and integrates with your accounting system.
Visit Commercial Card for more information.
Lockbox
Our lockbox services can help you post receivables quickly, reduce exceptions and strengthen your cash position. We own and operate our full-service, nationwide lockbox network of processing sites. Automated wholesale and scannable services are available.
Visit Lockbox for more information.
Use the links below to explore more of our core offerings.
Thank you.
Whether you have questions or you’re ready to get started, our team is here to help. Please reach out to your J.P. Morgan contact.
GENERAL DISCLAIMER: © 2024 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.
REFERENCES: (1) USD and CAD payments. CAD limited to EFT and check payment options.
