Banking Services for USF

The University of South Florida Board of Trustees is seeking a qualified public depository to provide general banking services, merchant services, and procurement card services. The contract was awarded to JPMorgan Chase Bank NA for Lot 5, which includes these services. The University has an annual budget of $2.3 billion and generates an annual economic impact of more than $6.0 billion. The contract is for the University's campuses in Tampa, St. Petersburg, and Sarasota-Manatee. Key aspects of the contract include: • General banking services • Merchant services • Procurement card services • The contract was awarded through an Invitation to Negotiate (ITN) process • The University has a diverse range of academic programs and research initiatives • The contract is subject to the terms and conditions outlined in the ITN document.