While operating a nonprofit brings many rewards, it often requires making do with a tight budget and limited staff—and that means running your organization efficiently is essential.
We have helped hundreds of not-for-profit, charitable and religious organizations streamline cash management, collections and payroll. We provide day to day banking functions for nonprofits, including foundations.
At SunTrust and STI Institutional & Government, a SunTrust subsidiary, our team of expert advisors can tailor our nonprofit organization banking services to fit your needs—and help you save money and time.
- Treasury and Payments: We offer a wide range of treasury and payments solutions, including merchant services and lockbox capabilities, to help you collect and access funds more easily. We help you process your contributions, dues and other receivables more efficiently, as well as manage your payables and cash position more effectively.
- Purchasing Card: We give you greater control over your organization’s spending, while making it easier for you and your staff to buy supplies and make other essential purchases.
- Financing and Capital Raising: We provide financing for office expansions, technology upgrades and other capital projects. We work with you to evaluate the options, from commercial mortgages to tax-exempt bond financing, and help you secure funding on terms that are right for your organization.
- Investments and Risk Management: We offer expert advice and sophisticated solutions to help you mitigate risk and optimize returns on liquid reserves, endowment funds, and retirement and pension assets.
We also offer a range of other nonprofit organization banking services, ranging from health savings account programs to fraud prevention, which can be customized to meet your specific needs.
For more information
In Maryland, Virginia, West Virginia and Washington D.C., contact Vince Wesley at 202.879.6014.
In Georgia contact Joe Arnold at 404.588.8265.
In Florida contact Jeff Goodwin at 407.237.4899.
In North Carolina, South Carolina and Tennessee, contact Pat Campbell at 615.748.5521.