Specifications include, but are not limited to: Be a Federal or Ohio chartered banking institution,Be “Well Capitalized” as defined by the Federal Deposit Insurance Corporation with the Total Risk-Based Capital Ratio equal to or greater than 10 percent, and Tier 1 Risk-Based Capital Ratio equal to or greater than 6 percent, and a Tier 1 Leverage Capital Ratio equal to or greater than 5 percent,Comply with all applicable federal and state regulations regarding the provision of the proposed services,Maintain a deposit-taking branch within a 10 mile radius of Shaker Heights City Hall,3400 Lee Road, Shaker Heights, OH 44120Establish approximately sixdemand deposit accounts to meet the banking requirements of the City and maintain accurate records of activity in those accounts,Offer online banking services with mobile access to designated City staff,Offer client support during the City’s normal business hours,Designate an account representative or relationship manager assigned to the City,Agree to have itsdesignated account representative or relationship manager meet with the City at least once every six months.