Campus Financial Services

The vendor is required to provide that campus financial services soliciting proposals and intends to enter into an agreement to perform campus financial services.
- Program will greatly expand the opportunity for campus financial services by integrating numerous campus assets into a comprehensive program.
- To establish a strategic business relationship that will advance the objectives of by establishing a relationship with a financial service provider to provide dominant positioning and “best-in-class” products and services to the students, faculty, staff and alumni.
- City will be entertaining proposals from both (a) banks and (b) credit unions for the following rights:
• Intellectual property (IP) rights – use of marks and logos, “official” designation;
• Campus marketing category exclusivity;
• An integrated campus marketing package, including but not limited to signage, sponsorship, program support and collaboration on communicating the partnership and its benefits to the aforementioned community;
• Best-in-class banking products and services for the community, including a cobranded affinity debit card program;
• Financial education seminars and tools;
• Internships and scholarships
- The following service requirements must be included, but are not limited to:
• Integrated marketing opportunities:
o The university hopes that offering these departmental assets and professional networks into an integrated offering will allow the successful proposer(s) a chance to provide a stronger and more seamless engagement with the community.
o The partnership model will leverage individual strengths from each department to identify new opportunities.
o Ongoing and transparent communication will ensure that all stakeholders have a voice in the development and delivery of the overall strategy.
o City intent is to give the financial services proposer the opportunity to communicate successfully about the benefits of banking with the partner, to students, faculty and staff at through these and other campus entities:
o Student business services
o Marketing & communications
o Human resources/faculty & staff
o Others, which may become available and added through amendment to the financial services agreement
• Products and services:
o Program elements, including marketing or other communication regarding financial products/services, are subject to privacy and other applicable legal and regulatory requirements.
o All programs would be made available to students, staff, and faculty on an opt-in basis.
o The account holder will be given the opportunity to “opt in” to a branded card account with bank and/or credit union partner that issues any of the accounts listed below; the co-branded account marks solution may differ depending on program type.
1. Student financial services products: Successful proposer will be permitted to provide and communicate with students regarding the following services:
o Checking accounts, including debit cards
o Savings accounts, including certificates of deposit
o International student banking services
o Renter insurance on a non-exclusive basis
o Mobile banking products
2. Staff and faculty financial services products: services may include the following:
o Checking, savings accounts and related services
o Mobile banking products
o Debit and credit cards
o Mortgage loans
o Consumer loans o investment planning
o Retirement planning/accounts
- Contract Period/Term: 5 years
- Questions/Inquires Deadline: January 27, 2025