GENERAL BANKING SERVICES

The City of East Orange is seeking a qualified financial institution to provide general banking services, including account management, cash management, and investment services. The selected institution will be expected to provide a range of services, including checking and savings accounts, payroll services, and merchant services. The contract will be for a period of 12 months, with the option to extend for an additional year. The evaluation criteria will include the responsiveness of the proposal, the ability and capacity of the financial institution, client references, experience, and the quality and adaptability of the services. Key aspects of the job include: • Providing account management and cash management services • Offering payroll services and merchant services • Maintaining a bank office in a convenient location • Having experience in establishing and maintaining similar accounts • Providing a range of investment services, including sweep accounts and interest-bearing accounts • Having a strong reputation and stability in the financial industry • Being committed to serving the community within the City of East Orange