Public Financing

At NBT Bank, we combine local decision making and more than 150 years' experience serving municipal organizations. Our relationship managers have the knowledge and expertise to be responsive to your financial needs offering a variety of public financing options.

Long-Term Financing

NBT Bank works with our municipal customers to provide permanent funding for school buses, fire trucks, snow plows and other highway equipment as well as many other types of public projects that can be financed under state law.

This permanent funding is offered through NBT Bank's purchase of general obligation bonds issued by the public entity.

Short-Term Financing

NBT Bank also offers short-term financing through the purchase of Bond Anticipation Notes and Revenue Anticipation Notes to provide interim funding while our municipal customers await permanent financing from state and federal agencies or through the issuance of long-term bonds.

Short-term financing for emergency projects is also available to our municipal customers while they await funding from federal or state agencies for the repair of infrastructure damage in federally-declared disasters.

Document Assistance

We also work with our municipal customer's attorney and bond counsel to assist in the documentation requirements of borrowing under state law.