What is Nonprofit Banking?

At a basic level, nonprofit banking is a service that provides financial solutions for nonprofit organizations, including bank accounts and financing options. But here, nonprofit banking isn’t just a service – it’s our mission.

Why Park Bank Nonprofit Banking?

When you partner with Park Bank, you have chosen a bank that values the work you do. We’ve made it our commitment to offer nonprofit organizations the people, products, and services dedicated to ensuring more of your money ends up where it belongs … supporting our neighbors who need it most.

You are setting out to do great things in our community. To grow your impact. To improve lives. To make Dane County an even better place.

Well, we have a lot in common. When Park Bank opened its doors in 1966 on Park Street right here in Madison, we had those same goals. And as we continue to grow, we know one thing for sure: By giving back, we all move forward.

Park Bank is committed to the success of our clients. And when we work with nonprofit organizations like yours, we know that success is more than financial results – success leads to improved health, equality, social justice, environment, education, and opportunity in our community.

When you work with Park Bank, you will have a true financial partner. A bank that never settles for “good enough.” And a team that helps create a plan for what’s next, and what comes after it too.

"Park Bank cares about us as an organization. Not only are they there to support our business banking needs, but they also provide volunteers for our events and have supported our agency through donations. They care about the community and bend over backwards to support us so that we can carry out our mission. It is a true partnership."

- Scott Strong, Executive Director, Rise Wisconsin
"Park Bank cares about us as an organization. Not only are they there to support our business banking needs, but they also provide volunteers for our events and have supported our agency through donations. They care about the community and bend over backwards to support us so that we can carry out our mission. It is a true partnership."

- Scott Strong, Executive Director, Rise Wisconsin

Our Business Services

How could our Business Services benefit your nonprofit?

  • Business Online Banking saves you time, letting you keep an eye on balances, transfer funds between accounts, and get detailed financial information right from your office.
  • What if you’re out of the office at a fundraiser, meeting with a possible donor, or working hard toward your cause? Use our Mobile Banking app to do your banking whenever, wherever.
  • Receive an unexpected donation? With Mobile Deposit, manage your cash flow and deposit checks directly from your phone.
  • Save a trip to the bank with Remote Deposit – scan and deposit your checks right from your office.
  • Simplify your payables and receivables with Automated Clearing House (ACH) services. Because you got into the nonprofit biz to improve our community, not spend all day managing bills.
  • Want to avoid the work of depositing checks altogether? Check out our Lockbox Services, where donors can send checks, and they get deposited quickly – and with no extra work from you.
  • Keep your money going toward your cause and out of the hands of fraudsters. Use Positive Pay to ensure that any checks or ACH transactions posted to your account are legitimate and approved.
  • Business Credit Cards can help you manage day-to-day expenses, all with no annual fees, a low annual percentage rate, individual card limits, rewards, and fraud protection.
  • With Credit Card Acceptance, you can receive donations online or in person, all with competitive pricing and help desk availability 24/7.

Community Support

Our vision is a stronger community that embraces diversity, leads the conversation around equity and inclusion, and stands at the forefront of positive change. That’s why we donate time, resources, and money toward local causes to make a difference in the lives of people who make Dane County a place unlike anywhere else.

Community Partnerships

We participate in intentional and strategic partnerships with a few select organizations that we believe offer an opportunity for Park Bank to make an even larger positive impact on our community.

It is important to us that these Community Partners share our purpose. We are dedicated to helping our associates, our clients, and our community achieve. Whatever their goals, we strive to assist in building pathways to success.

Our vision is an ever-stronger community that embraces diversity, leads the conversation around equity and inclusion, and stands at the forefront of positive change. 

Our Community Partners have the same goal for the communities they serve.


Maydm

MaydmProviding Girls and Youth of Color in Grades 6-12 with Skill-Based Training for the Technology Sector – has a goal to inspire innovators, break barriers, and accelerate opportunities through programs, mentorships, and internships for girls and students of color to prepare for a future in STEM – Science, Technology, Engineering, and Math.

Centro Hispano

Centro Hispano - The Leading Social Service Provider for Latinos in Dane County and a Hub for the Community – is an organization dedicated to helping the Latinx community of Dane County by providing programs and services focused around empowering youth, strengthening families, and engaging the community.


Explore our helpful nonprofit resources to empower your mission!