Specifications include, but are not limited to: The City of Union is requesting written proposals from full-service banking institutions with a branch in the City to serve as its primary depository. The Request for Proposal (RFP) is intended to cover all City operating accounts, banking services, safekeeping and collateral requirements and the overnight investment of surplus cash in bank balances. The basic checking account services should at least consist of: • Provide month-end statements by the 10th day of the following month and provide statements to various auditors upon request; • The cut-off date for statement purposes will be the last day of each month. • Provide individual and consolidated monthly account analysis for all accounts by the 10th day of the following month; • Provide an on-line wire transfer system for transferring money to other institutions, along with appropriate security levels for wire transfer initiations and approvals; • Provide an on-line computer balance reporting system, with information on collected, available and closing balances, as well as a detail of total debits and credits posted to the account for the previous day that can be exported to excel, by 7:00 a.m. each business day; • Provide an on-line reporting system that shows current day ACH credits and debits, by 7:00 a.m. each business day.