BANKING SERVICES

The State of South Carolina is seeking a qualified banking institution to provide comprehensive, full‑service banking and cash‑management solutions for Florence‑Darlington Technical College. The contract will cover all operating, payroll, investment, and electronic banking functions, including Positive Pay, ACH processing, electronic data interchange, and disaster‑recovery capabilities, over an initial one‑year term with up to four one‑year renewal options. The selected bank must manage an estimated $10 million average balance, deliver electronic reconciliation files, and support both campus‑specific and college‑wide financial operations. • Provide full‑service, FDIC‑insured banking (checking, payroll, investment, and electronic services). • Deliver electronic data exchange (Positive Pay, ACH, reconciliation files) per specified formats and timelines. • Maintain a disaster‑recovery plan, local presence within ~10 mi of campus, and dedicated customer‑service representatives. • Submit detailed cost proposal covering fees, compensating balances, and earnings‑credit rates; contract term up to five years with renewal options.