Public Fund Interest Checking

Grow your funds the simple way

Select your state to see details for your location.

Best if you

  • Are a small public entity, such as a state or federal government agency, local municipality or public agency
  • Have a relatively low amount of check transactions and deposits
  • Want an affordable account with the option to avoid monthly maintenance fees

Benefits

  • Ability to invest temporary excess funds and maintain a liquid reserve
  • 150 free transactions and up to $5,000 in cash processing per statement cycle
  • Next-business-day funding to your account with credit and debit processing

Pricing

  • Avoid the $15 monthly maintenance fee when you maintain a $6,000 average monthly checking balance

Transactions and fees

During each statement cycle, you'll receive:

  • 150 combined items  free, then pay $0.50 for each additional transaction
  • $5,000 in no-fee cash processing, then pay a nominal fee (varies by state) for each additional $1,000

Learn more about pricing and fees

Convenient access

Enjoy around-the-clock access to your account.

  • Manage your account from any device through U by BB&T®
  • Call 800-BANK-BBT (800-226-5228) for unlimited automated account information
  • Withdraw and deposit money at any BB&T ATM

Order checks through Account Services

Ready to get started?

In person

Locate a branch.

What you'll need to open an account

Here's all the information you'll need to open your account online or in a branch. Please note: You'll need this information for each of your business owners, beneficial owners (25% stake or more), and authorized signers. Learn more about the requirements for opening a business account

For the organization

  • Federal Tax ID
  • Legal business name
  • "Doing business as" name, if applicable
  • Business incorporation details and issue date
  • State registrations, if applicable
  • Business address (both physical and mailing addresses)
  • Stock or ticker symbol, if publicly traded

For business owners

Opening your account at a branch? Before your visit, please complete the Beneficial Ownership Certification (PDF).

Opening your account online? You'll be able to enter the required information in your application.

Ready to get started?

Not convinced that Public Fund Interest Checking is right for you?

Select your state

Select your state for location-specific product information.

For a complete list of account fees, see our Business Services Pricing Guide (PDF).

See our Commercial Bank Services Agreement (PDF) for more information.

Learn more about your account, including fees and ways you can avoid them.

  • 1

    BB&T Merchant Services are subject to business type and credit approval. A BB&T Merchant Services qualifying transaction is a payment card settlement (e.g., Visa®, MasterCard®, American Express®, or Discover®) from a BB&T Merchant account deposited to a linked BB&T checking account at least once during the monthly statement cycle.

  • 2

    Combined items represent checks paid, debit and credit memos, deposit tickets, checks deposited, online bill payments, and electronic debits and credits (including debit card transactions).

Branch Banking and Trust Company is a Member FDIC and an Equal Housing Lender. 

Branch Banking and Trust Company is now Truist Bank. Learn more.

BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees and pricing. Our friendly teammates at your local SunTrust branches will be happy to walk you through their respective products. You can also learn more by contacting them at 800-SUNTRUST or SunTrust.com.

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