Deposit Services for Hattiesburg Public School District

The Hattiesburg Public School District is seeking proposals from financial institutions to provide deposit services for the district. The selected institution will be required to provide various services, including checking and savings accounts, wire transfers, and investment advice. The institution must also meet certain requirements, such as being insured by the Federal Deposit Insurance Corporation and having a primary capital to assets ratio of 5.5% or more. The district is looking for a financial institution that can provide these services at a competitive rate and with minimal fees. Key services required include: • Monthly statements and account reconciliations • Wire transfer services • Investment advice • Checking and savings accounts with minimal fees • Online banking access • Positive pay and reconciliation services • Overdraft fees and penalties will be negotiated The district is seeking a financial institution that can provide these services and meet the requirements outlined in the proposal.