Banking Services

The vendor is required to provide banking services for include:
- General banking services
1. Online banking
• The electronic banking systems and access methods that may be used to access account information
2. Mobile banking
• Functionality: the features available on your mobile banking platform
• Security: the security features of your mobile banking platform.
3. Account reconciliation services
4. Account transfer
• The online process for making account transfers
• The integrated system of check, ach, and wire transfer systems. if there is not an integrated system, describe any plans to do so with an estimated date that an integrated system would be offered.
• List all transaction types that can be initiated using your electronic banking system
5. Previous day reporting and current day reporting
• The electronic banking systems and access methods
6. Image archive
• The bank’s current or planned image process capabilities
• Controlled disbursement imaging
• Lockbox imaging
- Deposit services and revenue collection
1. Cash vault services
• The cash vault service process.
• The security at the cash vault center and what fraud prevention procedures are in place.
2. Remote deposit service online
• Provide a brief description and general workflow of your remote deposit service capabilities. attach any diagrams that would assist a novice in understanding the service.
3. Banking center deposit
• Cash vault services
o The cash vault service process.
o The security at the cash vault center and what fraud prevention procedures are in place.
- Payment and disbursement services
• Ach services
• Outgoing wire transfer
• Stop payment initiation
o The methods the bank offers to place stop payments including the deadline for same day action, if the system verifies if a check has been paid before accepting the stop, the amount of history examined in the verification process, the duration of the stops in effect, if the period can be extended, and if stop payments can be requested for a range of checks.
• Payee positive pay
• Electronic payment
• Purchasing card
- Treasury and cash management services
• Zero balance accounts
• Custodial services
• investments and cashflow forecasting
- Reporting and data integrations
• ERP and system integrations
• Data security
- Customer service and relationship management
• Customer service.
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: June 13, 2025