Government & Corporate Services

Enhancing Our Communities through Comprehensive Remittance Processing

The Board of Directors of Pan American Bank have a strong commitment to expanding its lockbox processing operations. Pan American Bank believes it can provide expertise in all areas of municipal lockbox services as a Qualified Lockbox Processor (QLP). We have a proven record in providing these services and as our lockbox operations grow, our municipal partners will benefit by knowing they are indirectly creating jobs for economically disadvantaged residents from our communities.

Pan American Bank is a Community Development Financial Institution (CDFI). We strive in creating economic development opportunities in underserved areas by providing job opportunities to individuals who work in Pan American Bank's remittance processing center. We will provide the workforce training to individuals to become lockbox processing clerks while earning good wages. By employing people, we revitalize communities which benefits everyone in Illinois. It is our goal to create job opportunities to those economically disadvantaged communities while simultaneously, improving efficiency and effectiveness of our strategically designed transaction processing services.

We at Pan American Bank are dedicated to improving the "quality of life" for as many individuals as possible. Join Pan American Bank as a partner in Lockbox Processing knowing that together we can build our communities from ground up while providing essential customer service to you, our municipal partner.