Public Entities

Smart solutions for public entities.

Cities, counties, school districts, colleges, and other public entities have unique banking needs. We understand your needs and we’re ready to help you succeed as you provide vital services to your community.

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We’re committed to your success.

Our team will help you through every phase of your operation, answer your questions, and respond quickly to your requests. We’re experienced in helping these types of entities.

  • City or County Governments
  • Fire Districts
  • School Districts or Colleges
  • Water Districts
  • Libraries

Smart Solutions

We have the tools to help you succeed.

We offer a multitude of accounts, a customizable suite of cash flow solutions, and technology that enables you to efficiently manage your operations. We have the tools to help you succeed, whether you need streamlined check processing and ACH capabilities, banking convenience and flexibility, or improved profitability and cash flow. Our team is here to help identify which options are right for your public entity.

Checking and Savings

Whether basic operational checking fits your needs, or have a detailed list of services that need to be provided, there are a variety of options available.

Explore Business Accounts >


FDIC insurance over the $250,000 maximum.¹

Southern Bank offers smart, profit-enhancing deposit solutions through Insured Cash Sweep (ICS) service and Certificate of Deposit Account Registry Service (CDARS). Both ICS and CDARS allow you access to all of your funds at one financial institution offering FDIC insurance above the $250,000 maximum.

How does it work?
It is as simple as completing a Deposit Placement Agreement, deposit your funds, and we handle the rest.

When we place your deposit through the ICS or CDARS service, your deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The individual amounts are placed in demand deposit accounts (using ICS) or CDs (using CDARS) at multiple banks. Keeping track of these individual deposits is easy. You’ll receive one consolidated statement from us listing information for all of your deposit accounts. It’s a simple, time-saving solution that won’t have you running around town opening accounts at different institutions or trying to maintain multiple banking relationships.

Earn Interest: Earn one interest rate for funds placed into demand deposit accounts through ICS or into CDs with CDARS. You won’t have to keep track of interest rates for each individual account.

Peace of Mind: You can rest assured knowing that your funds are eligible for multi-million-dollar FDIC insurance protection that is backed by the full faith and credit of the federal government.

Save Time: Work directly with us - a bank you know and trust - to access multi-million-dollar FDIC insurance. We’ll handle any legwork between institutions.


1 Placement of your funds through the ICS service or CDARS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement and CDARS Deposit Placement Agreement, that you enter into with us.

You will also sign a custodial agreement with us if you have not already done so.

Limits apply, and customer eligibility criteria may apply. ICS program withdrawals are limited to six per month when using the ICS savings option.

Insured Cash Sweep, ICS, Certificate of Deposit Account Registry Service, and CDARS are registered service marks of IntraFi Network, LLC.