● All monthly account statements must be mailed by the 5th business day of the month. ● Account reconciliation for the above referenced accounts. ● Interest on accounts. ● Wiring services. ● Monthly account analysis to include banking earnings credit, itemized fees, and interest earned to be credited to the City. ● Ability to accept on line banking transactions from the City. ● A Bank office, at which the City can transact business, in a convenient location to the City. ● Eligibility to act as a depository for public funds under the Governmental Unit Deposit Act. Certificate should be submitted with your response to this RFQ. ● Ability to comply with all requirements and State statutes for developer escrow accounts. ● Additional Services provided to City Employees.
