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Municipal Financing

Residents count on you to maintain roads, protect the water supply, and provide other essential services. When one-time projects arise, how can you stretch an already tight budget?

We know like many municipalities across Vermont and New Hampshire, you’re already trying to do more with less. Our municipal financing options help municipalities run more smoothly by providing funds to make improvements and keep operations running without interruption.

For years, Union Bank has been providing municipal loans, along with a full array of cash management services, to municipalities located in northern Vermont and northern New Hampshire. Our experienced lending team offers one of the best assets to our municipal customers: banking locally, where lending decisions are made at the local branch level by people who live in the same community.


Municipal Lines of Credit

How do you keep operations running smoothly when cash flow fluctuates with the seasons?

A municipal line of credit provides funds to bridge temporary gaps in cash flow and meet short-term expenses. They give you flexibility with project timelines and other external factors. Many towns use municipal lines of credit as interim financing prior to and in anticipation of taxes or the receipt of grant or bond proceeds.

Municipal lines of credit include:


Municipal Term Loans

A Union Bank Municipal Term Loan can help finance new equipment, make capital improvements to existing property or infrastructure, or finance the purchase of new property.

Using municipal loans to fund capital investments distributes the cost across current and future generations so that everyone who benefits from the improvement helps pay for it with their taxes.

Municipal term loans include:


Stay local. Go far. Contact a member of our Municipal Services Team to learn more.