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Event Details

October 10, 2023
10:00 AM - 12:00 PM
Your Computer,
609-695-3481 ext 118
$45.00 Member Rate, $65.00 Non Member Rate
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Going Out to Bid for Banking Services

Tuesday, October 10, 2023

As interest rates rise, municipalities are reviewing their banking relationships. As you consider your municipalities’ arrangement this must attend webinar will discuss the following topics; how to structure an RFP, interest rates on deposits, costs of different types of accounts and ancillary services such as armored car pickup of deposits, covering payroll servicing costs, management of Procurement Cards, how the “compensating balance” that banks use to calculate how much a town can get in “free services,” and case studies of what individual municipalities did and how it worked out. CEUs CMFO/CCFO-1.0 ACCT,1.0 BUD; CTC-2.0 Gen/Sec; RMC-2.0 Fin; QPA-2.0 Off Admin/Gen Duties; CPA-2.0 Fin; RPPO/RPPS-2.0 P/P; NJCLE-2.4, PACLE 2.0; LGLP-3.0

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