FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Panorama of city Clearwater Beach FL.
Community Association Banking
Your local community bank focused on Community Associations
Choosing Flagship Bank for your Community Association Banking needs means partnering with a local bank dedicated to fostering collaboration with your association. We are committed to helping your community thrive.
Headquartered in Clearwater, FL with local branches located throughout Pinellas and Pasco counties, Flagship Bank is fully invested in supporting the successful operation of our Communities in Pinellas, Pasco, Hillsborough and the rest of the Tampa Bay region. We offer Lending, Deposits, and Cash Management Services tailored to Condo and Homeowner’s Associations.
Association Banking Existing Customer Resources
Lockbox Portal
Solutions for your Association or Property Management Company
Association Lending
Flagship Bank’s Community Association Banking offers various loan options to meet the financial needs of your Association.
• Maintenance and Improvement Loans
• Insurance Premium Financing with competitive terms and rates
• Emergency Lines of Credit – Insurance deductibles and unforeseen needs
• Reserve Funding Loans
Association Deposit Accounts
Operating and reserve accounts maintained by the association at Flagship Bank are offered with no monthly service charges and no minimum balance requirements.*
• Association Checking
• Association Money Market
• Commercial CDs
• Association ICS & CDARS
*Some exclusions apply.
Association Cash Management Services
Flagship Bank offers a comprehensive suite of Treasury Management products designed specifically for your Association needs.
• Association Lockbox Service
• ACH AutoPay Service
• Online Payment of Condo/HOA Fees
• Remote Deposit Capture
• Full Online Banking for Association Accounts
• Advanced Fraud Protection Tools
Technology Solutions
Payment activity files provide a detailed listing of all homeowner payments received, eliminating the need for manual posting.
• Real-time online presentment of “Exception Transactions” for your review and resolution
• Daily “Payments Received” File in the format your Accounting Software needs
• Handoff of Payment Transaction Images (checks, coupons, statements) for import to your systems
• Available “Lockbox Website” portal for research, customer service, and reporting
Payment Methods
Flagship Bank’s Community Association Banking provides a variety of convenient ways for homeowners to make their association payments.
Online Payment System
• Ability for homeowners to make payments via credit card, debit card or ACH/eCheck
• Homeowner can setup and manage recurring ACH payments via online payment portal
• Homeowners can view payment history made via online payment portal
Bank Bill Pay
• Homeowners can set up to have payments made from their bank’s Online Bill Pay.
Pay by Mail
• Using the coupons provided, homeowners can mail their coupon and check to the local designated PO Box
Payments Accepted at one of our 6 convenient local branches in Clearwater, Largo, Oldsmar, St. Petersburg, Tarpon Springs and West Pasco
• Requires payment coupon
Email us today to start your Community Association Banking relationship today!
CAB@flagshipbank.com
From Deposit Accounts to Lending Solutions and Treasury Services, we offer tailored products and services to meet your community association’s needs. Our advanced Technology Solutions simplify daily reporting, and our convenient payment methods make homeowner payments easier than ever.
When you choose Flagship Bank for your Community Association Banking needs, you are choosing a partner committed to local reinvestment. Deposits made with us are loaned back to associations and businesses in our area, rather than being funneled to other parts of the country. This ensures that your funds contribute directly to the growth and improvement of our local community.
Visit one of our 6 local branches in Clearwater, Largo, Oldsmar, St. Petersburg, Tarpon Springs, and West Pasco to experience exceptional local banking. At Flagship Bank, we believe in building relationships that go beyond banking. Enjoy personalized, friendly service from a team that truly cares about you and your Community Association needs. Discover the difference today!
Larry Jones
Sr. Vice President/Community Association Banking Director
ljones@flagshipbank.com
Phone: 727-451-5080
Heather Feraco
Asst. Vice President/Community Association Banking Director
hferaco@flagshipbank.com
Phone: 727-256-8681