RFP 3507- Primary Depository and Banking Services

Itawamba Community College is seeking proposals to provide primary depository and banking services for its financial operations. The contractor will be responsible for handling deposits, withdrawals, cash management, electronic funds transfer, and related banking functions to support the college’s day‑to‑day fiscal activities. The award will be made to the lowest and best responsible proposer, with the possibility of selecting a non‑lowest‑cost offer if it better meets the “lowest and best” criteria. • Provide full‑service depository functions (check processing, electronic deposits, account reconciliation). • Manage cash handling, treasury services, and reporting for the college’s accounts. • Ensure compliance with state and federal banking regulations and provide responsive customer service to college staff.