Commercial Banking Services RFP.docx

The document is a Request for Proposal (RFP) issued by the City of Tucson, Arizona, seeking proposals from qualified financial institutions to provide comprehensive banking services. It outlines the minimum qualifications required for consideration, the schedule of events including key dates, and the scope of services divided into five Service Groups. The RFP also provides background information about the City of Tucson, its financial operations, and the banking services currently utilized. The document emphasizes the need for qualified banks to meet specific criteria such as being an Eligible Public Depository, having a satisfactory Community Reinvestment Act rating, and being a local banking institution with various branches in the city. It details the services required for general banking, custody, corporate trust, lockbox, and pre-paid cards, along with specific information on deposit processing, disbursement services, and electronic fund transfers.