Public Funds
Prosperity Bank offers a variety of products and services to meet the needs of Texas based Governmental Entities.
Those services include:
Competitive Market Rate Deposit Accounts
Consolidated Account Structure with Sweep Mechanism between Prosperity Bank Accounts
Automated Cash Management Information to include:
- Prior day summary and detail balance reporting on all accounts
- Intra-day detail and summary balances (on local main and payroll accounts)
- Initiation and monitoring of stop pays
- Positive pay exception transactions
- Initiation and monitoring of internal and wire transfers
- Image access
- On-line, Real-time Internet Banking Services
- Multilayer Security Controls
- Account information inquiry includes current and available balances.
- Online statement retrieval
- Transaction history download
- Schedule “one time” or “recurring” funds transfer between accounts.
- Schedule “one time” or “recurring” loan payments.
- Web-based Wire Transfer Origination
- Set up and initiate “one time” or “recurring” wire transfer instructions
through our Internet Banking Product. Single-user, multi-user, and/or dual
control authorities are allowed with password and dollar-limit restrictions.
- Web-based ACH Origination
- Originate electronic payroll deposits or payment drafts through our Internet Banking Product
- Import NACHA-ready files from third-party software applications, or create payroll or payment databases directly in our products.
- Web-based Bill Pay Services
- Create accounts payable databases and initiate payments online through our Internet Banking Product.
- Positive Pay Accounting
- Help prevent unauthorized, stolen or counterfeit checks from paying against your account.
- Remote Deposit Capture
- Scan checks for deposit and electronically transmit those check deposits to your account
- Optical Imaging to include eStatement and CD Rom statement options
Prosperity Bancshares, Inc.®, an $8.9 billion Houston, Texas based regional financial holding company, formed in 1983, operates under a community banking philosophy and seeks to develop broad customer relationships based on service and convenience. Prosperity offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and consumers.
We encourage you to review our current financial information which may be found here:
FFIEC Call Report (Prosperity Bank IDRSSD #664756)
https://cdr.ffiec.gov/public/
FDIC Uniform Bank Performance Report (Prosperity Bank Certificate #16835)
http://www2.fdic.gov/ubpr/UbprReport/SearchEngine/Default.asp
Prosperity Bancshares Inc Annual Reports
http://www.prosperitybanktx.com/annual-reports.aspx
Prosperity Bank is proud to have been awarded the bids of many of our local, Texas-based governmental entities. We look forward to the opportunity to bid for your relationship. The banking center manager of your nearest local Prosperity Bank will be able to assist you.
