Collin County Community College District (the “District”) is requesting proposals for a three (3) year depository and banking services contract with three (3) optional annual renewals as agreed upon by both parties. The initial term of service is to be March 1, 2025, through February 29, 2028. Through this contract the District intends to minimize banking costs, improve operational efficiency, and maximize its investment capabilities. This Request for Proposal (RFP) which represents the District's cash management goals, also specifies all required qualifications, the banking services required, the estimated activity volumes on all accounts, the method of compensation, submission instructions and contract award provisions. All qualified institutions, as defined below, are invited to submit a proposal.Institutions responding to this Request for Proposal (RFP) must be insured through the Federal Deposit Insurance Corporation (FDIC) and must be able to demonstrate a capacity to meet the District’s requirements as stated in the RFP.
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