Methodological principles for the creation and development of foreign and domestic clusters are summarizes. The author’s definition of municipal cluster is given. Expediency of financial institutions entry into municipal infrastructure cluster is explained. The causes of crisis conditions of housing and utility enterprises and the causes of violations of financial discipline are outlined. Solutions of these problems within the municipal cluster are proposed. Available cash flows of Lviv utility enterprises are analyzed. A calculation of commercial banks’ revenues for servicing the utility enterprises is conducted. The feasibility of establishing the municipal bank is proven and a definition of the term «municipal bank» is proposed. Its functions and peculiarities of active and passive operations are defined. Expediency of municipal bank cooperation with state authorities and international financial and credit institutions is explained. 

municipal bank, municipal cluster, cash flows, infrastructure, regional industrial clusters, cluster policies, cluster approach in housing