Are you collecting homeowners association fees or managing a community association? We offer deposit services for community associations like yours.
Collect payments and deposit the funds into operating and reserve accounts maintained by the association. Enjoy the following benefits with an Association Services Checking Account:
- No monthly service charges
- No minimum balance requirements
Association reserve funds
We understand the unique needs of all our association clients, from property managers to board members of homeowners associations. This includes preserving reserve funds while maximizing earnings potential.
With BB&T, you'll get competitive rates and rest easy with FDIC-insured deposits.
An Association Services money market savings account combines liquidity and safety while bearing interest.
Additional reserve options
Access multi-million-dollar FDIC insurance Disclosure 1 and earn interest, all through a single bank relationship with ICS®, the Insured Cash Sweep® service, and CDARS®.
Ready to get started?
Learn important information on FDIC insurance coverage.
Loans, lines of credit and credit cards are subject to credit approval.
A penalty may be imposed for early withdrawal from certificates of deposits (CDs).
Truist Bank, Member FDIC and an Equal Housing Lender.
New York City residents: Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at www.nyc.gov/dca.
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.