Depository Services for Ocean Springs School District

The Ocean Springs School District is seeking proposals from financial institutions to provide depository services for the district's funds. The selected institution will be responsible for providing a range of services, including account management, statement preparation, and direct deposit services. The district is looking for a single financial institution to serve as the lead bank, but may also consider multiple institutions to share a percentage of the deposits. The contract will be for a period of three years, from July 1, 2026, to June 30, 2029. • The selected institution must provide separate bank statements for each account, with front and back images of all checks. • The institution must provide electronic statements by the 3rd working day of the month. • The institution must provide direct deposit services for the district's monthly payroll. • The institution must agree to execute a Collateral Security Agreement and a Custodial Agreement with the district. • The institution must provide a range of other services, including account management, statement preparation, and investment services.