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Alabama custodian of school funds bonds.
From $125.

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; the premium is 0.4% of the bond amount plus a $25 fee, $125 minimum. One soft credit pull.

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A faithful-performance public-official bond for the local school funds custodian
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Amount is fixed by the State Superintendent of Education — there is no single statutory figure
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Premium is 0.4% of the bond amount plus a $25 fee, $125 minimum — soft credit pull only, never affects your score
0.4% of amount + $25 fee$125 minimumExactprice shown at the applicationSoft pullnever affects your score
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How it works

Three steps. One sitting.

Public-official bonds like this are straightforward — enter your amount, consent to a soft pull, and file. Here is the whole thing:

TODAY · ONLINE

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.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

SAME DAY

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.

About this bond

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 never affects your credit score.

Ala. Code §16-13A-12 (School Fiscal Accountability)Code of Alabama 1975, §16-13A-12 (Bonding, under the School Fiscal Accountability Act), together with the city- and county-board provisions in Title 16, requires the official who handles local school funds to be bonded for faithful performance in an amount fixed by the State Superintendent of Education, by a surety authorized in Alabama, with a certified copy filed with the State Superintendent. (Older §§16-13-11 and 16-13-12 were repealed by Act 2006-196.) Confirm your exact amount with the State Superintendent of Education.

You need this bond if you are

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The custodian of school funds for a county or city school system
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A chief school financial officer or treasurer the Superintendent requires to be bonded
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Newly appointed and bonding before assuming the office
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Renewing your official bond as your current term or surety expires

One application, issued instantly.

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 →
FAQ

Common questions.

How much is the Alabama custodian of school funds bond?The premium is 0.4% of the bond amount plus a $25 fee, $125 minimum — your exact price appears at the application. The amount itself is fixed by the State Superintendent of Education for your position — it scales with the funds you handle, so there is no single figure.
Who sets the bond amount?The State Superintendent of Education. The statute does not name a dollar figure — it directs the Superintendent to fix the amount, conditioned on faithful performance and proper accounting. Send us the figure you were given and we’ll issue it.
Is there a credit check?Yes — one soft credit pull, which never affects your score. Because this is a public-trust position handling government money, it’s part of underwriting and informs approval — never the price. The premium itself is 0.4% of the bond amount plus a $25 fee, $125 minimum, and your exact price appears at the application.
What does the bond protect against?It protects the school system if the custodian mishandles or fails to account for public school funds. The system can recover against the bond — and if the surety pays, the custodian (or indemnitors) repays the surety.
Where is the bond filed?A certified copy is filed with the State Superintendent of Education, as the School Fiscal Accountability provisions require. We issue the executed bond ready to file.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Custodian bond, issued today.

Premiums from $125, one soft pull — your exact price appears at the application. Enter the amount the Superintendent fixed and file it.

Your premiumfrom $125
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