As educational administrators your mission is to educate and empower future generations. As your bank, our mission is to equip you with the financial tools to make that happen. At Central Bank, we believe that strong schools build strong communities- that’s why we offer a range of banking services for Educational Institutions, so you can focus on what matters most: your students.
Driven by your purpose. Designed for your progress.
Central Bank delivers specialized banking solutions built to support the operational, financial, and strategic needs of schools and education-focused organizations of all sizes.
Central Bank’s suite of payment solutions helps educational institutions streamline every transaction — from payroll and vendor payments to tuition collection. With tools like ACH processing, ElectPay℠, and the Commercial Mastercard Multi Card, you can simplify operations, enhance transparency, and focus more resources on students and staff.
Our Lending Solutions help private schools and education-focused businesses manage cash flow, fund growth, and support operational needs without disruption. With flexible access to capital and assistance from dedicated banking experts, you can confidently invest in your programs, facilities, and future enrollment.
Automated Sweep Account solutions help you maximize every dollar by transferring excess funds to reduce debt or boost earnings, while maintaining the liquidity needed for daily operations. With streamlined oversight and secure online access, you gain greater control and efficiency in managing your financial resources.
BAI Files give school districts and educational institutions secure, standardized reporting for account activity, making it easier to track funds, reconcile accounts, and maintain financial transparency- helping you make informed decisions and reduce administrative workload.
Central Bank helps support educational institutions and their employees through comprehensive employee benefit plans. Our HSA plans offer tax-advantaged savings and user-friendly tools for managing healthcare expenses, while our Retirement Savings Plans provide guided support to help teachers and staff confidently plan for a secure financial future.
Central Bank can help safeguard your finances with powerful tools that protect against check, card, and payment fraud. With enhanced security and proactive monitoring, you can focus on serving students while we help protect your organization from financial threats.
