Description
The University of Southern Mississippi is seeking a single banking institution to provide a full suite of depository, payment, and treasury management services for its campuses. The contract will cover interest‑bearing demand deposit accounts, monthly statements, daily electronic deposit notifications, local branch access, online banking functionality (ACH, wire transfers, Positive Pay, account analysis, etc.), fraud prevention, cybersecurity, business continuity, and transition assistance. The agreement runs for five years beginning January 1 2027, with the university requiring detailed pricing, service level commitments, and evidence of financial strength. Vendors must be a Qualified State Depository and submit a sealed proposal by October 8 2026.
• Provide all banking operations (deposits, withdrawals, ACH, wires, Positive Pay).
• Deliver online treasury management platform with reporting and fraud tools.
• Maintain a staffed branch within 10 mi of each campus.
• Offer transition support and ongoing customer service.
• Submit comprehensive pricing schedules and financial documentation.