Provide Comprehensive Banking Services

This contract awards First Citizens the provision of comprehensive banking services to Richland County School District One, covering cash management, payment processing, and treasury functions for the district’s schools. The award follows a competitive bidding process, with the district’s Board approving the award on May 24 2025 and the award becoming effective June 26 2025. The contract’s initial term runs one year (July 1 2025‑June 30 2026) with the possibility of extensions through July 1 2029‑June 30 2030, giving a maximum potential duration of five years. Fees are not fixed in the notice and will be determined based on evaluated factors, indicating a variable‑fee structure. • Scope: Full‑service banking (cash handling, payments, treasury) for a public school district. • Vendor: First Citizens, a regional bank located in Columbia, SC. • Term: 1‑year base with optional extensions up to a total of five years. • Value: Not disclosed; fees are negotiated based on usage and factors.