Municipal Banking

MOVE FORWARD

Helping Our Communities

At Capital Bank, we know that local governments do more than manage budgets—they keep communities running.

From public services and infrastructure projects to payroll and daily operations, municipalities need reliable financial solutions to keep things moving.
We’re here to provide straightforward banking solutions that make it easier to manage funds, handle expenses, and plan for what’s ahead. Whether you need financing for road repairs, equipment upgrades, or everyday operations, we’re ready to help.

A Partner in Your Community

We believe in supporting the people and places that make our communities strong. That’s why we’re committed to helping municipalities navigate today’s financial challenges and prepare for what’s next.

Let’s work together to keep your community moving forward—get in touch with us today.

Municipal Banking Solutions

Checking Accounts

Interest-earning accounts designed to keep public funds accessible.

Savings Accounts

Secure options to help set aside money for future needs.

IntraFi® Network Deposits

With IntraFi® Network Deposits, your municipality can keep millions safe with FDIC insurance via a network of participating banks,all while working directly with Chemung Canal. You can easily and securely manage your funds in savings accounts or CDs.

MAXIMIZE RETURNS AND

Insure All You Deposits

Capital Bank, a division of Chemung Canal, part of the IntraFi® network, offers ICS & CDARS to provide FDIC insurance on deposits above $250,000. This solution ensures your funds are safe while earning competitive returns similar to Treasuries and government money market mutual funds.

How It Works:

Your funds are distributed across multiple IntraFi banks in amounts below $250,000, securing FDIC insurance coverage from various institutions while you work directly with Capital Bank.

Benefits:

Save Time: Simplify your cash management by working directly with Capital Bank, eliminating the need to manage multiple investment relationships and track collateral.
Feel Confident: Enjoy peace of mind knowing your funds are covered by multi-million-dollar FDIC insurance.
Stay Up To Date: Receive regular monthly statements and access your balances anytime through a secure Depositor Control Panel.

A Checking Account Designed for Municipalities:

The NOW Account

Our NOW Account provides municipalities with an interest-earning checking option, making it an ideal solution for managing payroll, vendor payments, and operational expenses while keeping funds accessible.

Earn interest on balances of $1,000 or more
Unlimited checking access for seamless transactions
Simplifies municipal finance management
Provides clear financial records for budgeting and reporting

Online & Mobile Banking

Business
Banker

Stay connected and in control of your business accounts—easily and securely, anytime, anywhere.

Payment Processing

Merchant
Services

Streamline sales and payments with an all-in-one POS system.

Menu

Municipal Banking Solutions

Contact