2026-2027 Banking RFP

The Haddon Township Board of Education is seeking a single banking institution to provide comprehensive banking services for the district over a two‑year term. The scope includes management of general, student‑activity, unemployment trust, payroll, and agency accounts; fee transparency; cash‑management, direct‑deposit processing, monthly statements, online and wire services, and additional value‑added offerings such as interest‑maximization and sweep accounts. The vendor must meet New Jersey regulatory requirements, submit extensive certifications, and provide detailed fee schedules and insurance coverage. • Manage multiple accounts with high daily balances and frequent transaction volumes (checks, deposits, wires). • Deliver payroll direct‑deposit services, monthly reporting, and summer‑savings plans for seasonal employees. • Provide required certifications (affirmative‑action, political‑contribution, non‑collusion, insurance) and comply with NJ “Pay‑to‑Play” rules. • Offer online banking, courier services, and a convenient branch location near Westmont, NJ.