Banking Services

The State University of New York at Stony Brook, its Foundation and Faculty‑Student Association are seeking a comprehensive banking‑services partnership to manage cash flow, deposits, lockbox processing, electronic banking, check processing, reporting, and related services. The contract will run for five years and will be awarded based on a best‑value evaluation that weights technical capability (75 %) and cost (25 %). Bidders must be a NY‑chartered bank, national bank, or trust company and must submit detailed technical proposals, pricing for both direct‑fee and compensating‑balance models, and standard banking agreements in editable format. All communications must go through the designated contacts during the restricted period.