Association Deposit Services
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 insurance1 and earn interest, all through a single bank relationship with ICS®, the Insured Cash Sweep® service, and CDARS®.
Manage your homeowners association payments from a centralized location online.
Homeowner payments through Association Services
BB&T Association Services is committed to providing convenient payment options for you.
Association Services payment processing
Our services for property management companies and community associations can help accelerate your daily collections and reduce errors.
For renovations, repairs or other homeowners association needs, consider an association loan.