Banking Services for Technical College
Location:
Columbia, South Carolina, United States
Posted on:
Deadline:
Summary:
Seeking a banking partner to provide comprehensive account management and financial services for a technical college in Columbia, South Carolina.
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The government authority in Columbia, South Carolina, seeks a qualified vendor to provide comprehensive banking services to a technical college. Required services include managing the general operating account—an interest-bearing public funds checking account utilizing positive pay—and a payroll account, currently structured as a zero-balance public funds checking account tied to the general operating account.
Additional responsibilities encompass handling large change orders as needed for programs such as registration or bookstore buybacks, investment services, electronic data interchange, credit card provisions for executive use, as well as account reconciliation and validation services. The successful contractor will enter into a one-year agreement. Prospective vendors are required to submit all questions regarding the RFP by March 31, 2026.
Best-fit vendors:
• Experienced financial institution with a robust portfolio of public sector clients
• Capacity to offer interest-bearing and zero-balance checking accounts with secure positive pay
• Ability to support electronic data interchange and credit card programs
• Proven experience in investment management and complex account reconciliation
• Local or regional presence in South Carolina
