Homeowners Associations

We focus on forming a partnership with your HOA board and residents. We hope you will think of us as a neighbor and your first choice for banking.

Here is a full suite of products and services that can be tailored to the needs of your HOA:

HOA Checking Accounts - Low cost checking services.
HOA Premier Money Market - Maximize your interest potential with our high earning money market.
Two bank charters so FDIC coverage amount is doubled.
Collateralized Deposits - Feature deposit insurance beyond FDIC limits.
HOA Loans - For repairs, major renovations or other cash flow needs.
ACH Origination - Speeds up your collection process by allowing residents to pay annual or monthly dues electronically.
Bill Pay - Efficiently pay your vendors through our online bill pay service (additional Treasury Services available).
HOA Lockbox - Let us handle the stress of handling all the checks that come in for dues.

Details	Express Term Loan	Traditional Term Loan	Line of Credit
Rate	Rate will be quoted	Rate will be quoted	WSJ Prime minus 0.01%¹
Term	3 years	5 to 10 years	12 months
Minimum Loan Amount	$10,000	$100,000	$10,000
Maximum Loan Amount	No Maximum	No Maximum	No Maximum
Potential Uses	Capital improvements, repairs or enhancements to common areas	Larger infrastructure needs or projects that require a longer amortization period	Working capital needs, smaller purchases, vendor payments
Application, Origination, or Documentation Fee	None	None	None
Approval Time	2-5 days	5-7 days	2-5 days

1 A deposit relationship with auto debit of loan interest is required for this rate.

All loans and lines of credit are subject to credit approval. Fees apply.

How Community Banking should be.