Lockbox
Dues and assessment payments processed with a remittance file for the ledger.
Association money, visible to the board
Dues collection, reserve accounts, remote deposit and reporting for property managers and volunteer boards.
HOA banking
A clear service, delivered by bankers
An HOA account has two audiences: the manager who operates it and the board that answers for it. River Gem builds the access and reporting around both.
Next step
Tell us what you need. A banker will reply within one business day with the right person, the documents we need and a clear timeline.
Talk to a community bankerThe service
What is available
Depository accounts
Operating, reserve and special-assessment accounts with separate statements.
Remote deposit
Scan check batches from the management office.
Board reporting
Read-only access and monthly statements the board can review.
Fraud controls
Dual approval and Positive Pay on association disbursements.
Reserve planning
Certificates and money market accounts for reserve funds.
Built for board turnover
Boards change. The account should not depend on one volunteer remembering a password. We document the authorized signers, the approval matrix and the annual review so a new treasurer can take over without rebuilding the relationship.
- Named signers by role
- Dual approval on disbursements
- Read-only board access
- Annual authorization review
What we need
Bring the association's EIN, formation documents, the management agreement if there is one, and the current board resolution naming the authorized signers.
Related services
Where this connects
Open an account
Your next pension day can be the first clear one.
Most personal applications take about eight minutes. You will get a decision, a routing number for DFAS and a named banker not a waiting list.
River Gem Bank is a California state-chartered bank. Deposits are FDIC insured up to $250,000 per depositor, per ownership category.