A. Payments and Disbursements, including check processing, wire transfers and Automated Clearing House Payments (ACH). Payments and disbursements including online bill pay, payroll, deferred compensation and retirement contributions, medical premiums, federal and state taxes, and the like. B. Online Banking Management: 1. Reporting, including daily balance reporting, daily activity reporting (detail including images), monthly bank statements, custom date transactional export in excel or compatible format, and other customary reporting capabilities. 2. Execution of transactions, including initiation of wire transfers and stop payment orders. 3. Internal controls, including online cleared check information, multi-level security for various finance staff, online transaction search capabilities, check and deposit record for 48 months. 4. Reconciliation, including availability of electronic bank statements in pdf and exportable formats. 5. Notifications, including email, phone and/or text notification of returns, pending decisions, exceptions, threshold triggers, and report availability. C. Depository Services, including desktop deposit, cash and check deposits, and third-party deposits. D. Security/Fraud Monitoring. E. Client Support, including staff training and ongoing support. F. Other usual and customary banking services.
