AL custodian of school funds bonds.
Flat 3%. Enter your amount.
The person who holds and disburses a local Alabama school system’s money — the custodian of school funds — must be bonded for the faithful performance of that duty. The State Superintendent of Education sets the amount; we issue it at a flat 3% with one soft credit pull. Enter the figure you were given and see the premium.
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Apply to filed in one sitting.
Public-official bonds like this are straightforward — enter your amount, consent to a soft pull, and file. Here is the whole thing:
Apply online
Your details, the bond amount the Superintendent fixed, and the effective date — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
Most clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
File the executed bond
A certified copy of the bond is filed with the State Superintendent of Education, as the law requires. Wet-ink originals mailed whenever the office insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Superintendent fixed and the premium updates.
What it is and who needs it.
What the bond actually guarantees
Alabama law requires the official who holds a local school system’s money — historically called the custodian of school funds, and in current statute the chief school financial officer or treasurer — to give a faithful-performance bond. It is a public-official bond: it backs the honest handling and proper accounting of public school money.
The amount is not a flat statutory number. Ala. Code §16-13A-12 (School Fiscal Accountability) and the related city- and county-board provisions require the bond in an amount fixed by the State Superintendent of Education, written by a reputable surety authorized in Alabama, conditioned on faithful performance and accounting for all moneys. A certified copy is filed with the State Superintendent.
If the custodian mishandles or fails to account for school funds, the school system can recover against the bond — and if the surety pays, the custodian (or their indemnitors) repays the surety. Because this is a public-trust position, we run one soft credit pull; it informs approval, never the price.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Enter the amount the Superintendent fixed and submit.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
Custodian bond, issued this week.
Five-minute application, flat 3%, $275 minimum, one soft pull. Enter the amount the Superintendent fixed and file it.