Banking Service for City's daily operating account

This contract is for banking services, including account maintenance, deposit services, and wire transfers, between the City of Port St. Lucie and Bank of America. The contract has a term of 5 years, with the option to renew for an additional 5 years. The contract includes various services such as account analysis, banking center deposit, and electronic wire out-domestic. The city will not pay any additional charges for services not specifically identified in the contract. Some key points include: * The contract has a term of 5 years, with the option to renew for an additional 5 years. * The city will not pay any additional charges for services not specifically identified in the contract. * Bank of America has waived FDIC charges for the term of the contract, up to .13%. * The city will receive aggressive pricing for the full term of the contract. * The contract includes various services such as account analysis, banking center deposit, and electronic wire out-domestic.