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HomeMy WebLinkAboutContractr • CAG-13-042 S`SY O �OZ CITY OF RENTON BANKING SERVICES AGREEMENT THIS AGREEMENT is made as of the 1rt day of January,2011, between the CITY OF RENTON, a municipal corporation of the State of Washington, hereinafter referred to as "CITY" and US Bank, N.A., hereinafter referred to as"BANK,"to provide banking services for the City of Renton. The City and Bank agree as set forth below. 1. Scope of Services. The Bank will provide all material and labor necessary to perform all work described in the Scope of Work which is hereby incorporated by this reference into this Agreement as"Exhibit A." 2. Changes in Scope of Services. The City,without invalidating the Agreement, may order changes in the Services consisting of additions, deletions or modifications,the Agreement Sum being adjusted accordingly. Such changes in the work shall be authorized by written Change Order signed by the City and the Bank. 3. Term Of Contract.The Term of this Agreement shall commence on the above date and shall be for a term of three years. Prior to expiration of the three-year term,the City and the Bank may mutually agree to one additional year at fees not to exceed an increase based on ninety(90)percent of the Consumer Price Index All Urban Consumers,Seattle- Tacoma-Bremerton Area (CPI-U), issued for the June to June period. 4. Contract Sum. The amount of this Contract for Treasury Management and Merchant Services is dependent on account balances and service volumes which are charged at the rates outlined in the attached fee schedule which is hereby incorporated by this reference into this Agreement'as"Exhibit B." S. Earnings Credit. The bank will apply an earnings credit monthly against fees charged as follows: Collected balance after reserves x average target federal funds rate for the month or fifty basis points,whichever is greater. 6. Method of Payment. Payment by the City will only be made after Bank submits to the City an invoice for the Services rendered for the preceding year.The invoice will include total fees charged,total earnings credit applied against the fees and the Banking Services Agreement 1 of 5 a CITY OF RENTON BANKING SERVICES AGREEMENT remaining balance payable.The City shall have 60 days from the date of the invoice to submit payment to the Bank. If the earnings credit should exceed the fees on the settlement date,the remaining earnings credit will be carried forward to the following year. 7. Employment.The Bank's employees are not employees of the City of Renton. 8. Assignment and Subcontract. The Bank shall not assign or subcontract any portion of this Contract without the express written consent of the City of Renton. 9. Record Keeping and Reporting. The Bank shall maintain accounts and records that properly reflect all direct and indirect costs expended and services provided in the performance of this Agreement. The Bank agrees to provide access to any records required by the City. 10. Hold Harmless. The Bank shall indemnify, defend and hold harmless the City, its officers, agents,employees and volunteers,from and against any and all claims, including claims from third parties, losses or liability, or any portion thereof, including attorneys fees and costs, arising from injury or death to persons, including injuries, sickness, disease or death to Bank's own employees,or damage to property occasioned by a negligent act,omission or failure of the Bank. 11. Insurance. The Bank shall maintain throughout the duration of this contract the following insurance requirements: General Liability insurance in the amount of $1,000,000 per occurrence, $2,000,000 aggregate;Automobile Liability in the amount of$1,000,000 per accident;and proof of Workers' Compensation coverage. The City of Renton will be name as an Additional Insured on the insurance policy and separate endorsement documentation stating such shall be provided. Such insurance shall be primary and shall not seek contribution as relates to any insurance coverage maintained by the City. 12.Compliance with Laws. The Bank and all of the Bank's employees shall perform the services in accordance with all applicable federal,state,county and city laws, codes and ordinances. 13.Conflicts. In the event of any inconsistencies between Bank proposals and this contract,the City of Renton contract shall prevail. Banking Services Agreement 2 of 5 r ��Y O CITY OF RENTON BANKING SERVICES AGREEMENT 14.Warranty. The Bank warrants for itself and all of its employees that they have the requisite training, skill and experience necessary to provide the Services specified in the Scope of Work and are appropriately accredited and licensed by all applicable agencies and governmental entities. 15. Independent Bank. The Bank and City agree that the Bank is an independent Bank with respect to the services provided under this Agreement. Neither the Bank nor any employee of the Bank shall be entitled to any benefits accorded City employees by virtue of the services provided under this agreement. The Bank shall be responsible for paying all applicable taxes including income and business taxes. 16. Other Terms and Conditions. 16.1.The Bank must be a Federal or State of Washington chartered banking institution with branch banking facilities located within the city limits of the City of Renton. 16.2. The Bank must be approved by the Washington Public Deposit Protection Commission as a qualified public depository. The qualified designation must remain in effect for the duration of the Banking Services Agreement. 16.3. The Bank must be insured by the Federal Deposit Insurance Corporation (FDIC). 16.4.The City reserves the right to schedule a tour of the banking facilities that provide service to the City of Renton. 16.5.The investment activities of the City will in no way be affected by the appointment of a Bank to handle the City's banking services. i 16.6. The representative signing this agreement on behalf of the Bank certifies that the Bank is capable of providing service as outlined in this Agreement and will comply with the rules and regulations outlined by the Revised Code of Washington, Renton Municipal Code, and the Washington Public Deposit Protection Commission, and other applicable laws and regulations. Banking Services Agreement 3 of 5 S`SY O U � a CITY OF RENTON BANKING SERVICES AGREEMENT 17.Cancellation of Agreement. The City reserves the right to cancel any agreement at any time upon one hundred eighty(180) days written notice of its intent to terminate any agreement. A decision to terminate the depository agreement during the initial three years of the agreement may NOT be as a result of profitability or non- profitability. 18.Statement of Bank Qualifications: The Bank will submit the following data as part of the Banking Services Agreement: City of Renton Business License Number: State of Washington sales Tax Registration Number;jQA/ Federal IRS Identification number: �-�2-� �d� 19.Contact Information:The following individuals will be the lead contacts for each party as requested in Exhibit A,Section II.E. US Bank CITY OF RENTON /, Kristi Rowland,Senior Finance Analyst Contact Name and Title Contact Name and Title City of Renton—5rh Floor, Finance 1055 South Grady Way Mailing Address Mailing Address SL���� �/v� l Renton WA 98057 City State Zip City State Zip e6 —.? T 7" �7' 425.430.6947 Telephone Telephone ✓u C, 019e17 KRowland@rentonwa.aov Email Email Banking Services Agreement 4 of 5 I US�Y O� CITY OF RENTON BANKING SERVICES AGREEMENT This Agreement is entered into as of the day and year written above. BANK CITY OF RENTON ignat a Signature Denis Law. Mayor Printed Name and Title Printed Name and Title r C— ��y aal3 Business Name Attest ZLO � r— Bonnie Walton. City Clerk Mailing Address Printe.4 Name and Title City State Zip Approved as to legal form: Lawrence J. Warren, City Attorney Telephone ���o �L��<t0��© PGA '��'�•�."1 ��: .�. 4# .� � � Email # X � F Banking Services Agreement 5 of 5 I City of Renton Exhibit A Banking Services Agreement Scope of Services 1. General Information A. City of Renton utilizes a check system, as opposed to warrants.The City anticipates that banking services will be compensated by the credit earned on average collected balances. Should the earnings credit be insufficient to cover the costs,the balance owed will be settled annually in accordance with the Agreement. Should the earnings credit exceed the fees,the remaining balance will be carried forward to the following year. S. City of Renton requires online services including but not limited to: information reporting, account reconciliation, check and deposit image retrieval, online transactions and e-commerce. The City may from time to time adjust these services based on its needs. Adjustments may include the deletion of part or all of these services without affecting pricing of any remaining services. 11. Required Services A. Accounts 1. The City uses one main account to receive all deposits, merchant account settlements and wire activity. All fees and supply costs are applied to our Analysis Account. 2. The City has four zero balance accounts: accounts payable(check and EFT processing), payroll (check and EFT/direct deposit processing), Employee Benefits (check processing—checks are issued by third-party)and Utility Billing(Lockbox deposits). These are settled daily with the main account. 3. Additionally,our Municipal Court has a checking account for check processing, merchant account activity and deposits. Fees and supplies for this account are applied to our Analysis Account,as well. B. Month-end statements by the 10th day of the following month a)Individual and consolidated monthly account analysis for all accounts by the 10th day of the following month C. Online tools 1. Electronic check images available online as well as on a CD delivered monthly (including necessary software for viewing). i 2. Online, automated wire transfer system along with appropriate security levels for wire transfer initiations and approvals. Banking Services Agreement—SCOPE OF SERVICES 1 of 4 i • City of Renton Exhibit A Banking Services Agreement 3. Online reporting system with information on collected,available and closing balances,as well as details of all debits and credits posted to the account for the previous day by 8:00 a.m.of each business day. 4. Online reporting system that shows current day ACH credits, by 8:00 a.m.of each business day. 5. Online Stop payment process. 6. Online access to deposit information including images of deposit slips and deposit content. D. NSF check processing—must be processed twice before being returned to the City E. Provide a lead contact person The City would prefer to bring issues to one person who will resolve issues with the various service units,as needed. F. Overdraft Protection Although it is rare that the City would be in an overdraft situation, it recognizes that there are times this may occur. It is anticipated overdraft situations will not exceed two million dollars. G. Banking Supplies The bank will be required to provide a supply of coin rollers,security bank bags, deposit slips and endorsement stamps for each location.The cost of such supplies shall be directly charged to the City's analysis account. H. ACH Debit Services 1. The City processes direct debit payments for approximately 1,400 utility customers, resulting in approximately 1,000 ACH transactions monthly. 2. Other miscellaneous ACH transactions such as debt service, Department of Retirement,deferred compensation and federal tax payments flow through our accounts each month,as well. I. Direct Deposit for Payroll 1. The City offers and encourages direct payroll deposit for its employees.The City pays its employees semi-monthly on the 10th and 25th. On an average payroll, 765 employees receive direct deposit,which generates approximately 900 transactions per pay period(1800 per month)due to many employees having multiple bank account transfers. 2. Currently,the City transmits the payroll data to the institution via internet two business days prior to payday. Deposits must be made into the employees' Banking Services Agreement—SCOPE OF SERVICES 2 of 4 10 0 City of Renton Exhibit A Banking Services Agreement account by 8:00 a.m.on payday.Any deviation from these time limits must be stated in the Agreement. J. Positive Pay The City has instituted positive pay for disbursements to improve internal control and deterrence of check fraud. K. Data Equipment Compatibility The City current processes a large portion of transactions on-line through various means. In order to ensure equipment and data compatibility the City requests the specifications needed for an automated wire transfer,ACH debit&credit,credit card, balance reporting,eCommerce solutions and any other automated systems to be included in the Agreement. L. Lockbox services 1. The City currently receives mailed Utility payments at a lockbox service site which deposits into our Utility Billing zero balance account daily. 2. This service includes imaging of checks and remittance slips and the creation of a data file for importing into our billing system(see Bill Consolidator Payment services,as well). M. Hosted eCommerce 1. The City currently receives Utility,Court, Business License, Pet License, Donations and other payments through an online application that accepts credit card and ACH payments through various merchant accounts. 2. This service includes online reporting for each revenue stream and transaction controls with administrative control over permissions. (See also Interactive Voice Recognition) 3. The City is interested in enhancing our online payment options to allow a "shopping cart"experience for our customers—allowing more than one type of payment to be made with one online payment session. 4. The Bank should provide PCI compliance certification for all online applications. N. Interactive Voice Response(IVR) Our Utility billing customers have the option to pay by phone. This service is currently provided by the bank and is integrated with our online payment services. The data settles daily and is integrated with the Online Payment data file for upload to our billing systems. Banking Services Agreement—SCOPE OF SERVICES 3 of 4 i City of Renton Exhibit A Banking Services Agreement O. Merchant Services 1. The City currently carries sixteen (16) merchant accounts as shown in Exhibit B for various revenue sources. 2. Alternatives and/or solutions for consolidation of merchant accounts would be considered and may/will intertwine with our eCommerce applications. 3. Current pricing for Merchant Services has been established to be the prevailing card issuer Interchange Rates(PASS THROUGH) plus 0.19%. P. Armored Depository Delivery 1. The City currently contracts with an armored car service for pickup at five locations with varying schedules. 2. The City may require a branch location capable of accepting armored delivery and processing for same-day deposit credit. Q. Procurement Card System 1. The City currently participates in the One Card program as part of the State contract. If a comparable or better program becomes available,the Bank will notify the City. 2. The City carries approximately 450 cards and exceeds one million dollars in transactions annually. R. Remote Deposit Capture 1. The City currently does not use this service but is interested in the pricing and costs to implement including data equipment needs and back-office compatibility with our financial systems(Springbrook for Utility Billing and Eden for other)for data upload. Banking Services Agreement—SCOPE OF SERVICES 4 of 4 City of Renton *0040. Exhibit B Banking Services Agreement Fee Schedule (9/13/2010). Fee's established 9/2010 .r�" -A7 M�^� �" � F I �,cr Pf . r6 g@ ; f-. 8 11 r' xW�ri TkaCCU" S t n ript on �.f , T. u r mtnlfPrute i F+zx= R . 3s _b:ft = - - _ } a S wstWA va 0 {rc kAnplUa aup_p Depository Services Account Maintenance $ 2.0000 6 $ 12.00 $ 144.00 Depository Services Paper Credits $ 0.1000 157 $ 15.70 $ 188.40 Depository Services Electronic Credits $ 0.0250 535 $ 13.38 $ 160.56 Depository Services Paper Debits $ 0.0400 1222 $ 48.88 $ 586.56 Depository Services Electronic Debits $ 0.0250 147 $ " 3.68 $ 44.16 Depository Services Deposited Item-On-US $ 0.0200 475 $ 9.50 $ 114.00 Depository Services Deposited Item-Local $ 0.0300 2194 $ 65.82 $ 789.84 Depository Services Deposited Item-Regional $ 0.0300 361 $ 10.83 $ 129.96 Depository Services Deposited Item-Transit $ 0.0300 1054 $ 31.62 $ 379.44 Depository Services Pre-Enc Dep Item-On-US $ 0.0100 1355 $ 13.55 $ 162.60 Depository Services Pre-Enc Dep Item-Local $ 0.0200 6156 $ 123.12 $ 1,477.44 Depository Services Pre-Enc Dep Item-Regional $ 0.0200 454 $ 9.08 $ 108.96 Depository Services Pre-Enc Dep Item-Transit $ 0.0200 640 $ 12.80 $ 153.60 Depository Services Returned Deposited Items $ 1.0000 19 $ 19.00 $ 228.00 Depository Services Returned Item Maintenance(1) $ 5.0000 1 $ 5.00 $ 60.00 Depository Services Returned Item Maintenance(>1) $ 5.0000 - 3 $ 15.00 $ 180.00 Depository Services Redeposited Returned Item $ 0.4000 28 $ 11.20 $ 134.40 Depository Services Return item Image Viewed $ 0.7500 14 $ 10.50 $ 126.00 Depository Services Fide Insurance $ 0.1184 4906 $ 580.96 $ 6,971.52 Depository Services Statement with all items $ 1.0000 1 $ 1.00 $ 12.00 Depository Services Statement with Checks $ 1.0000 1 $ 1.00 $ 12.00 Depository Services Copy of Check/Deposit Ticket $ 1.0000 16 $ 16.00 $ 192.00 Depository Services:; `<' Subtotal • $'' 17 6384 $: 1,029:62. $'.:12,355 44`' Account Reconcilation Services PartialPOS Pay Maint $ 10.0000 3 $ 30.00 $ 360.00 Account Reconcilation Services Positive Pay Only Maintenance $ 10.0000 1 $ 10.00 $ 120.00 Account Reconcilation Services Partial/POS Pay-Per item $ 0.0200 860 $ 17.20 $ 206.40 Account Reconcilation Services Partial/POS Pay Only-Per Item $ 0.0100 132 $ 1.32 $ 15.84 Account Reconcilation Services Sp Issue/Cancel Input $ 0.1900 15 $ 2.85 $. 34.20 Account Reconcilation Services Sp Positive Pay Exceptions _ $ 1.1250 2 $ 2.25 $ 27.00 Account Reconcilation Services Recon Printing/Mailing Fee $ 11.2500 3 $ 33.75 $ 405.00 Account Reconcilation Services ARP Transmission Output $ 3.0000 2 $ 6.00 $ 72.00 Account Reconcilation Services ARP Transmission Per Item $ 0.0100 928 $ 9.28 $ 111.36 Account Reconcilation Services Check Sort Maint $ 20.0000 1 $ 20.00 $ 240.00 Account Reconcilation Services ARP Check Sort-Per Item $ 0.0975 40 $ 3.90 $ 46.80 Account Reconcilation Services ARP Duplicate Statement. $ 15.0000 1 $ 15.00 $ 180.00 Account Reconcilation Services - Subtotal. .` ,$... 70 7025 ;$ 151 55 $ !- 1,818.60. Epay Epay Monthly Maint-Web-No-Load(1) $ 200.0000 1 $ 200.00 $ 2,400.00 Epay Epay Monthly Maint-Web-No-Load(>1)- $ 50.0000 3 $ 150.00 $ 1,800.00 Epay Epay Monthly Maint-Ivr+web $ 300.0000 1 $ 300.00 $ 3,600.00 spay Epay Web+admin Pymt-Non-Recur $ 0.3500 3716 $ 1,300.60 $ 15,607.20 Epay Epay Ivr Initiated Payments $ 0.3500 1865 $ 652.75 $ 7,833.00 Epay Epay Ivr Minutes $ 0.1000 7585 $ 758.50 $ 9,102.00 Epay Epay Web Test Monthly Main $ 37.5000 1 $ 37.50 $ 450.00 Epay Epay Custom Rept Monthly Fee $ 56.2500 3 $ 168.75 $ 2,025.00 Epay Epay Custom Report per Payment $ 0.0650 5014 $ 325.91 $ 3,910.92 Epay Epay Custom Report per Remit $ 0.0800 550 $ 44.00 $ 528.00 Epay Epay Custom Rept Transmission $ 3.7500 48 $ 180.00 $ 2,160.00 Epay; • Subtotal $` 648.4450, .$:` 4,11.8.01 :$ ;`49,41612? Singlepoint sp Current Day Detail-Acct(1) $ 10.0000 1 $ 10.00 $ 120.00 Singlepoint sp Current Day Detail-Acct(>1) $ 10.0000 4 $ 40.00 $ 480.00 Singlepoint Sp Current Day Per item Det $ 0.0100 750 $ 7.50 $ 90.00 Singlepoint Sp Current Day Per Item Sum $ 0.0100 1155 $ 11.55 $ 138.60 Singlepoint Sp Previous Day Detail-Acct $ 5.0000 1 $ 5.00 $ 60.00 Singlepoint Sp Previous Day Detail-Acct $ 5.0000 4 $ 20.00 $ 240.00 Singlepoint Sp Previous Day per-item det $ 0.0100 2170 $ 21.70 $ 260.40 Singlepoint Sp Previous Day Per item Sum $ 0.0100 1260 $ 12.60 $ 151.20 Singlepoint Sp Token Monthly Maintenance . $ 3.0000 6 $ 18.00 $ 216.00 Singlepoint _ Sp Stop Payment Mo Maintenance(1) $ 3.7500 1 $ 3.75 $ 45.00 Singlepoint Sp Stop Payment Mo Maintenance(>1) $ 3.7500 4 $ 15.00 $ 180.00 Fee Schedule 1 of 3 . - City of Renton N„I, ,, ' Exhibit B Banking Services Agreement Fee Schedule (9/13/2010) Fee's established 9/2010 ate' Y Y -1 R g ' S I , ' l r tr' s °FF S ` S Q 11TOt O S In ed :- 0 6 4' „x -: ti 10 stt tRI M' -- <c0 -a. �'u�s%r .�l.apA- 1.x^gail'.w-34.,.- t ait-J: &`c:. -ft �_:--s « .,`;`�a:L ,.�� -. _ , , ` _l%olgno�:g„fr r'ljre..t; ,anng.ai up.v:i: Singlepoint Sp Wires Monthly Maintenance $ 10.0000 1 $ 10.00 $ 120.00 Singlepoint Sp Stop Payments-per stop(1) $ 3.0000 1 $ 3.00 $ 36.00 Singlepoint Sp Stop Payments-per stop(>1) $ 3.0000 0 $ - $ - Singlepoint So Issue Maint Mo Maintenance(1) $ 1.5000 1 $ 1.50 $ 18.00 Singlepoint So Issue Maint Mo Maintenance(>1) $ - 3 $ - $ - Singlepoint Sp Image Monthly Aoct Maintenance(New,June 2010) $ 10.0000 1 $ 10.00 $ 120.00 Singlepoint Sp Investment Monthly Statement $ 3.7500 1 $ 3.75 $ 45.00 Singlepoint Sp External Message Mo Maint(1) $ - 1 $ - $ - Singlepoint Sp External Message Mo Maint(>1) $ - 3 $ - $ - Singlepoint Su, total:: $. 717900 $ 193 35` $r 2,320 20 Wire Transfers Wire Monthly PIN Maintenance $ - 1 $ - $ - Wire Transfers - Incoming Fedwire $ 6.0000 6 $ 36.00 $ 432.00 Wire Transfers Internal Wire Credit $ 2.0000 4 $ 8.00 $ 96.00 Wire Transfers Voice Fedwire Non-Repetitive(New,July 2010) $ 6.0000 1 $ 6.00 $ 72.00 Wire Transfers Sp Fedwire Repetitive $ • 6.0000 11 $ 66.00 $ 792.00 Wire Transfers Sp Fedwire Non-Repetitive $ 6.0000 3 $ 18.00 $ 216.00 Wire Transfers Sp Wire Email Notification(New,June 2010) $ - 3 $ - $ - Wire Transfers Federal Tax Payment(New,July 2010) $ 1.0000 1 $ 1.00 $ 12.00 Wire Transfers Wire Advice Mail $ 0.7500 25 $ 18.75 $ 225.00 Wire Transfers Subtotal • $:.- 2T.7500 ;! $ ;153.75 .$': 1 845:00` Zero Balance Accounts ZBA lead $ 4.0000 1 $ 4.00 $ 48.00 Zero Balance Accounts ZBA Subsidiary $ 3.0000 4 $ 12.00 $ 144.00 Zero Balance Accounts Subtotal:- $` 7 0000 :$ 16.00 $ . :192.00, Image Services Monthly Maintenance-Per Account $ '7.0000 3 $ 21.00 $ 252.00 Image Services Image Archive Per Check Image $ 0.0100 1180 $ 11.80 $ 141.60 image Services Image Archive-Per CD Rom $ 5.0000 1 $ 5.00 $ 60.00 Image Services Sp Web Images Retrieved $. 0.0200 2 $ 0.04 $ 0.48 - Image Services Subtotal-. . - $:: .12:;0300. ::: `.$ 3784. ;$`- 45408` Retail Lockbox Monthly Maint-Seattle $ 80.0000 - 1 $ 80.00 $ 960.00 Retail Lockbox Item-Seattle(1-9999) $ 0.2000 9999 $ 1,999.80 $ 23,997.60 Retail Lockbox Item-Seattle(10000-24999) .$ 0.2000 358 $ 7.1.60 $ 859.20 Retail Lockbox Item-Multiple-Seattle $ 0.1200 2255 . $ 270.60 $ 3,247.20 Retail Lockbox Manual Mail-Seattle $ 2.0000 2 $ 4.00 $ 48.00 Retail Lockbox Deposit-Seattle $ 0.1500 21 $ 3.15 $ 37.80 Retail Lockbox Transmission-Seattle $ 185.0000 1 $ 185.00 $ 2,220.00 Retail Lockbox Phone Totals-Seattle $ 175.0000 . 1 $ 175.00 $ 2,100.00 Retail Lockbox Pkg Prep-Seattle $ 1.0000 21 $ 21.00 _$ 252.00 Retail Lockbox Courier-Seattle $ 1.0000 50 $ 50.00 $ 600.00 Retail Lockbox Unprocessable-Seattle $ 0.1450 529 $ 76.70 $ 920.40 Retail Lockbox Image Look Maint-Seattle $ 60.0000 1 $ 60.00 $ 720.00 Retail Lockbox CD-ROM/DVD Items-Seattle $ 0.0100 18964 $ 189,64 $ 2,275.68 Retail Lockbox CD-ROM Charge-Seattle $ 15.0000 1 $ 15.00 $ 180.00 Retail Lockbox Subtotal .. . $:: 519.8250 $1 3,201.49 $. `38,417 88 ACH Service Monthly Maintenance $ 5.0000 1 $ 5.00 $ 60.00 ACH Service Process Run $ 3.0000 16 $ 48.00 $ 576.00 ACH Service Original Transit Item $ 0.0200 2941 $ 58.82 $ 705.84 ACH Service Originated On-US•Item $ 0.0200 295 $ 5.90 $ 70.80 ACH Service Received Item $ 0:0300 88 $ 2.64 $ 31.68 ACH Service Received Addenda Item(New,July 2010) $ 0.0300 7 $ 0.21 $ 2.52 ACH Service Epay ACH Return Item $ 1.0000 13 $ 13.00 $ 156.00 ACH Service ACH Return-per item $ 1.0000 13 $ 13.00 $ 156.00 ACH Service ACH Notification of Change $ 2.0625 3 $ 6.19 $ 74.28 ACH Service ACH Return/NOC Faxed $ 3.0000 16 $ 48.00 $ 576.00 ACH Service ACH Return/NOC Transm€tt Items $ 1.0000 13 $ 13.00 $ 156.00 ACH Service ACH Item Adjustment Request $ 3.0000 1 $ 3.00 $ 36.00 ACH Service Subtotal ':- $ 19.1625 $,: 216.76 $:`.` 2,601 ;12. Coin and Currency Services Currency Ordered-per stop $ 0.2000 1 $ 0.20 $ 2.40 Coin and Currency Services Loose Currency Ordered/$100 $ 0.0600 6 $ 0.36 $ 4.32 Coin and Currency Services Coin Rolls Ordered/$100 $ 0.0600 10 $ 0.60 $ 7.20 Fee Schedule 2 of 3 City of Rentors.,„ Exhibit B. *00 Banking Services Agreement Fee Schedule (9/13/2010) Fee's established 9/2010 Dik-M2rOteitiATAWO-eiggi cfelik41%PktO clft§pRzof Rosfinfatoo,, PP-91,1111114Aeltitsig-13,1743 -1.6114 %Nit Coin and Currency Services Standard Change Order-Per Order $ 2.5000 1 $ 2.50 $ 30.00 Coin and Currency Services Cash deposited-per$100(New,June 2010) $ 0.0600 71 $ 4.26 $ 51.12 Coin and Currency Services Night Dep Processing-Per Dep(New,June 2010) 0.7500 2 $ 1.50 $ 18.00 Coin and Currency Services Non Customer On US Ck Cashing $ - 8 $ - $ Coin and Currency Services • - _ Subtotal 3.6300. -9:42- $ 113-.04, CVS Coin/Currency Cash Dep-per$100 Seattle $ 0.0400 3468 $ 138.72 $ 1,664.64 CVS Coin/Currency Cash Vault Deposit-Seattle $ 0.0400 150 $ 6.00 $ 72.00 CVS Coin/Currency Loose Coin Deposited-Seattle $ 3.0000 9 $ 27.00 $ 324.00 CVS Coin/Currency Cash Deposit Adjustment-Seattle $ 2.0000 2 $ 4.00 $ 48.00 CVS Coin/Currency Mailed Receipts-Seattle - 81 $ - $ CVS Coin/Currency -- - . • -.Subtotal $ 50800 • - $, -'175.72;• '2;108.64. Bill Consolidator Payments Maintenance $ 100.0000 1 $ 100.00 $ 1,200.00 Bill Consolidator Payments Electronic Payment RB Item $ 0.1500 4201 $ 630.15 $ 7,561.80 Bill Consolidator Payments Data Transmission Output $ 5.0000 21 $ 105.00 $ 1,260.00 Bill Consolidator Payments Trans!Payment $ 0.0450 4203 $ 189.14 $ 2,269.68 Bill Consolidator Payments - Subtotal -105.1950T $1,1,024291 12,29114o International Banking Un-encode Cad/USD Item $ 1.0000 2 $ 2.00 $ 24.00 International Banking SubtOtal :$ $ 24 00 • Fee Schedule 3 of 3 •