Specifications include, but are not limited to: Checking Account: The Foundation currently utilizes one (1) primary checking account; however, the Institution may be asked to furnish the Foundation with additional checking accounts as needed. NSF checks must be processed twice before being returned to the Foundation. The basic checking account services should at least consist of: •Provide yearly statements to the auditors during the Foundation’s audit; •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, by 10:00 a.m. each business day; •Provide an on-line reporting system that shows current day ACH credits and debits, by 10:00 a.m. each business day; •Provide deposit reporting; •Provide support in answering questions, trouble-shooting problems and resolving issues in a prompt manner; •Provide means to inquire about canceled checks and stop payment on checks upon proper authorization. ACH Services: For the purposes of the Foundation receiving donations from individuals who request automatic deductions from their checking accounts. Miscellaneous Optional Services: In addition to the requirements listed above, the proposal shall identify proposed fees and service availability for the following services: ACH payments from the Foundation to outside organizations/businesses Electronic Check Deposit (and supporting equipment/processing charges).