Request for Proposal – Banking Services

The Greater Summerside Chamber of Commerce is seeking submissions of interest for its banking services.

The GSCC is a not-for-profit membership driven organization, with annual revenues and expenses of approximately $140,000. We are the largest business organization in the western end of PEI, with 350 members.

Please provide detailed information on the following areas:

Operating Account

  • Set-up fees (if applicable)
  • Monthly fees
  • Transaction fees: deposits, cheques, cash withdrawals, debit withdrawals, other
  • Credit card processing fees
  • Other fees

Overdraft protection

  • Set-up fees (if applicable)
  • Monthly fees
  • Other fees

Credit Card

  • Brand of card offered
  • Annual fee
  • Interest rate
  • Other fees
  • Please provide details and fees for your services allowing monthly or quarterly credit card payments from member firms.

Reporting

  • Please provide a sample of a monthly business operating account statement and any other reporting you provide.

Affiliation with Merchant Services Provider

Account Management

  • Where is account managed, ie Summerside/Charlottetown/off-Island
  • Please provide details of the titles and locations of individuals who would be responsible for account service and their roles. Please also indicate the role of the call centre in account service.

Internet & Telephone Banking

  • Please provide any features of these services which you offer that other financial institutions do not.
  • Please provide an outline of any fees associated with the full use of services provided through these banking channels, ie eTransfers or cheque viewing.

Other Services

  • Please list any other fees not previously covered (if you wish a copy of your fees list will suffice).
  • Please provide an outline of any other services not previously noted, which you feel we should be aware of.

Thank you.  If you have any additional comments, please feel free to add them to your submission.

The GSCC Finance Committee

 

 

Return your submission no later than January 16, 2017 to:

Jane Sharpe

Executive Director, GSCC

263 Heather Moyse Drive, Suite 10

Summerside