Educational Banking
Driven by your purpose. Designed for your progress.
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.
Contact us at (573) 644-9727 or complete the form to get started.
BAI Files - 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.
Sweep Accounts - 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.
Payment Solutions - 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.
Fraud Prevention - 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.
Lending - 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.
Employee Benefits - 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.
More than a Bank
At Central Bank, our communities are at the heart of everything we do, and we recognize the vital role that schools play in strengthening them. We aim to go above and beyond our role as a financial institution, ensuring that staff feel valued and appreciated, and students are eager and enriched. That’s why depending on your community, you might see us buying gift cards for teachers, volunteering to read to classes, or welcoming students to the bank for a fun, hands-on learning visit.
