Description
The Gloucester Township Board of Education is seeking a qualified banking institution to provide comprehensive banking services for its K‑12 district. The contract will cover the management of checking, savings, and investment accounts; daily in‑person deposit trips to the local bank; electronic fund transfers, wire payments, and online banking; regular reporting of account activity; and full compliance with state and federal financial regulations. The district anticipates maintaining an average collected balance of approximately $14.5 million in the selected accounts.
• Manage all district cash, deposits, and electronic transactions.
• Perform daily in‑person deposit trips to the local bank.
• Provide reporting and compliance for a $14.5 M average account balance.
• Offer online banking, wire, and ACH services.
• Maintain checking, savings, and investment account structures.
Attached files
Contact
(856) 227-7688