Managing the property is your responsibility.
Protecting your investment, is ours.
As a property management company, you’re a trusted resource for both owner and tenant. You protect the rental properties and investments of the owners while providing exceptional service to their tenants. You also experience a high volume of financial transactions – rental deposits, check collection, etc. You need a financial partner that strategically addresses these challenges. You’ll also need property management financing and banking experts, particularly within the Northern Virginia, MD and DC markets. Essentially, what you need is a partner like John Marshall Bank.
Our Escrow Optimizer is our technology solution for efficient tenant security deposit management. Unique subaccounting for each client ensures that funds are not comingled while providing full FDIC insurance coverage. Individual statements for each subaccount are available on the platform 24/7 along with customized reporting and interest splitting capabilities. Additionally, DocuSign integration and document uploads make it easy to collect W-9s from tenants.
More Property Management Client Testimonials
Client: Richey Property Management
About: Richey Property Management provides management solutions to help property owners operate smoothly, increase the property’s desirability, and enhance the investment value. Property owners throughout the VA, MD & DC area depend on Richey Property Management to help achieve their goals of property performance and profitability.
“We chose to switch to John Marshall Bank for a number of reasons, including their great staff of experienced professionals, and especially their dedicated Property Management team who are a source of expertise and industry knowledge for myself and my team. They bring us the best of both client-centered community banking and big-bank capabilities. We have never gotten this level of personalized service from a big bank! Our team at John Marshall Bank knows us as a business and as individuals and understands how they can help us grow. John Marshall also offers comprehensive and cost-effective treasury management services that have been instrumental in supporting our operations; we have significantly increased our interest income and added higher security. As a local business ourselves, we’re advocates for partnering with institutions that are committed to our community and John Marshall Bank has proven itself as an integral part of our local economy.”
Craig Richey, COO & Owner, Richey Property Management, LLC.
Client: Potomac West Realty
About: Potomac West Realty is a real estate and property management company located in Alexandria, VA. Since 1975, they have combined experience, personal and professional services along with the latest technology to streamline the rental process for their clients.
Client: Nesbitt Realty
About: Nesbitt Realty Management is a property management company located in Alexandria, Virginia that provides sales, rentals, property management services, and association management services throughout the northern Virginia area, all while sticking to their roots as a small, family business.
Property Management Banking with JMB
Relationship
Our team of property management banking experts are committed to building a partnership with you to achieve your financial goals and drive your mission forward.
Innovation
We’re equipped with the tools and financial technology to optimize your banking experience and increase your operational efficiency.
Local Decisions
Our bankers are readily available to make prompt and responsive decisions. We understand the local economy, allowing us to provide you with strategic insight and counsel for your organization.
Security & Fraud Prevention
Your financial data and assets are a top priority at John Marshall Bank. That’s why we’ve invested in advanced security measures to prevent fraud and protect your assets.
Property Management
Banking Package
From escrow accounts to construction loans, remote check scanners and online banking features, financing, our property management company banking package is designed to help you optimize your finances. We also offer high-yield deposit accounts with competitive interest rates to maximize the earnings on your reserve funds.
Checking Account
JMB Commercial Checking
- Analyzed account with fees offset by JMB’s premium earning credit
- FEE-FREE remote scanner and remote deposit service
- Your choice of one other Treasury Service & monthly fees waived:
- ACH Debits/Credits Module
- Positive Pay – Checks
- ACH Positive Pay
- Wire Transfer Module
- FREE initial order of checks and deposit tickets with CheckArmor1
- FREE e-Statements with check imaging for 24 months of history
- FREE Online Banking & Bill Pay
- FREE Mobile Banking & Mobile Check Deposit
- FREE Direct Connect with QuickBooks®
- Limited up to $150 when ordered through the Bank’s check vendor.
We offer tailored Treasury Service tools that streamline your collection for payments and manage your accounts with efficiency.
DDA Commercial Sweep
- With a DDA Commercial Sweep Account, funds in excess of what’s required in an operating account to offset monthly service charges will automatically transfer to an interest-earning account.
- To qualify, you must have or open an Analyzed Commercial Checking account with a minimum target balance of $175,000 or more.
Property Management Lockbox Services
- Simplify your collections process by having a centralized collection point for payments
- View images of payments and remittance documents online for efficient and hassle-free accounts receivables
- Escrow Optimizer is our technology solution for efficient tenant security deposit management.
- Unique subaccounting for each client ensures that funds are not comingled while providing full FDIC insurance coverage.
- Individual statements for each subaccount are available on the platform 24/7 along with customized reporting and Interest Splitting capabilities.
- DocuSign integration and document uploads make it easy to collect W-9s from tenants.
Expand your property management business through JMB’s real estate lending options. Our competitive lending solutions can help you purchase new property or renovate existing locations.
Owner Occupied Real Estate Loans — Up to 90% Financing*
- New construction and build outs
- Purchase of an existing condo or building
- Refinance of an existing real estate loan
*Loans are subject to full underwriting and approval by the Bank
Manage Daily Operations with Working Capital Financing for Your Property Management Company
- Funding working capital and payroll expenses
Realize the Value of Competitive Term Loans. Amortized Term Loans — Up to 100% Financing
- Tenant and property management
- Purchase/replace equipment
It’s important to be prepared for the unexpected. That’s why having insurance is imperative to your business’ success.
Comprehensive and Competitively Priced Insurance Products
- Protect your business and your investment by receiving a free insurance cost analysis from Bankers Insurance
Corporate Affiliations
NOVA-NARPM-Affiliation