RFP - Banking Services

Wor-Wic Community College is seeking a comprehensive banking services provider to manage its financial transactions, including checking and savings accounts, wire transfers, and online banking. The contract period will be for five years, with the option to extend for an additional five years. The successful bidder will be required to provide a range of banking services, including account management, transaction processing, and customer support. The college is looking for a provider that can offer competitive pricing, excellent customer service, and a high level of technical expertise. Some key features of the scope of work include: • Providing full-range banking services for the college and its foundation • Maintaining multiple bank accounts, including checking, savings, and payroll accounts • Offering online banking and account management services • Providing wire transfer and ACH services • Offering positive pay and stop payment services • Maintaining a high level of customer service and support • Providing regular financial reports and statements • Complying with all relevant laws and regulations, including those related to banking and financial services.