Request for Proposals – Banking
Monroe Central School Corporation (MCSC) is gathering information from financial institutions about banking services and products. The purpose of this Request for Proposal (RFP) is to evaluate our current banking and cash management services, and to determine whether there is any benefit to changing or restructuring these services. MCSC seeks an efficient mechanism to invest short-term, idle cash balance, as well as to use modern banking tools and services to minimize cost and maximize return, especially in the areas of cash management and online banking.
After analysis of the responses, MCSC will select one financial institution to be the depositor for the school corporation’s main banking account. The ultimate goal is to maintain a low-cost, quality banking service with a safe, competitive daily investment system who can also provide us with a high level of customer service.
Proposals must be in the possession of Jessica Cheesman, Corporation Treasurer by 3:00 p.m. Friday, April 19th either by secure email, certified mail or in person. If any further information is needed please contact me via email at jessicac@monroecentral.org.
