File #: 16-0154    Version: 1 Name: Banking Services
Type: Bids/Purchases Status: Filed
File created: 4/4/2016 In control: City Council
On agenda: 4/14/2016 Final action: 4/14/2016
Title: Banking Services
Sponsors: Finance Department
Attachments: 1. Banking RFP, 2. Tabulation Banking Services

Title

Banking Services

 

Body

SUMMARY:

Requests for Proposals were issued for banking services with Cumberland County Bank, Regions, and Progressive Bank responding.  The Finance Department has reviewed the proposals and recommends approving the proposal of Cumberland County Bank for banking services for July 1, 2016 through June 30, 2018.

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION:  Accept proposal of Cumberland County Bank for banking services through June 30, 2018.