Image for: Logo

Seamless Municipal Banking Solutions

Prospect Bank’s municipal banking program provides customized banking solutions for municipalities, school districts, and public agencies throughout Central Illinois and beyond. Give us a call at 877.465.4154 to talk with a Prospect Bank representative today.

  • Maximize Your Municipal Budget

    We want to help you do more with your public funds. Fill out the form below and a Prospect Bank representative will be in touch. You'll also get a free municipal lending rate sheet.

Your information will be kept confidential.

Banking services built for your municipality.

Whether you’re a city manager, engineer, treasurer, public safety official, economic development director, or hold any other type of municipal administrative position, we have the right lending solution for you. We’ve been supporting our local communities with tax-exempt municipal financing for over 30 years—and we can show you how to finance road construction, infrastructure improvements, computers, school buses, hospital renovations, and more.

Our financing options and competitive rates will help you maximize public funds, and better manage your money. Call us at 877.465.4154 to learn more about available services and current rates.

Here are just some of the advantages you get with Prospect Bank:

Lease-purchase financing


Flexible repayment options, buyout option, escrow funding

Debt financing


Finance or refinance property and/or assets at a lower cost than bond financing

Anticipation warrants


Bridge the funding gap between income and tax revenue

Cash concentration accounts


Pool funds into a single account for better disbursement control and better visibility of available cash

Sweep accounts


Easily manage your funds between cash and investment accounts

Automated clearing house origination and reporting


Securely transfer payroll or other e-transactions

What our customers are saying:

“Partnering with Prospect Bank was a great choice. They have a customer-oriented, community-driven philosophy, which is exactly what we were looking for. They’ve been attentive, timely, and have maximized our returns with some excellent banking products.”

— Iroquois West CUSD #10

Talk with a Prospect Bank representative today.