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. . <br />• . _ „ _ <br /> Services Requested <br /> BALANCE SCENARIOS <br /> Scenario-1.-All funds kept in bank <br /> Total Balance In bank" $ 37,870,000.00 -41).Bank.,,,‘; _„ <br /> SunTrust <br /> Average Balance tc;Offs:et Fees 1-,4,iikiiitS4;$010;600100014`,,i„4iti:, „, ,' -,$3940,328106 <br /> Actual Balance Required ilig*IT'Sti435;00:V7 878 00 <br /> ECR Rate itiwxfoirs,;,0.00,0141**4102 ;, cr.'569i• . <br /> Excess Balance NOW&MM Rate 5,-L' 0,4WAtt0;7-$.4W- i'V"*.: <br /> Excess Balance NOW&MM Accts ;$35,340;000:00V„ ' $33;929,671.94 <br /> Annual ECR Interest to pay fees $15/72.Ecturl.'t."1: .1,: $10 01028 : 27.00439 <br /> Annual Interest Interest Earnings 70680.00: • 50'894.51.1 <br /> Net Annual Interest Earnings arriTTM-,, <br /> Net Annual Interest Earnings-Citibank overTD Bank $15,245.00 <br /> Effective Interest Rate 0.040% <br /> Scenario 2-Breakeven at$8.5 million kept in bank <br /> Total Balance in bank $ 8465,300.00 <br /> Average Balance to Offset Fees <br /> Actual Balance Required $2 34509400 ..]?$5390,79800.`. <br /> ECR Rate <br /> Excess Balance NOW MM Rate 020% 015% <br /> Excess Balance NOW&MM Accts <br /> Annual ECR Interest to pay fees '$;;KeitivOgatyirraleegik/T:.„4 10 S <br /> Annual Interest Earnings tgitrXkill3CDDENO'S.i., ,taTi $11 87040 $.787.46 <br /> Net Annual Interest Earnings 1r413.2.54ei 12 41124, ,737.06; <br /> Net Annual Interest Earnings-Citibank over TO Bank $0.00 <br /> Effective Interest Rate 0.000% <br /> Scenario 3-$20 million kept in bank <br /> Total Balance in bank $ 20,000,000.00 if, Trut <br /> -7_ <br /> Average Balance to Offset Fees <br /> Actual Balance Required $5,390;798.00', <br /> ECR Rate <br /> Excess Balance NOW&MM Rate <br /> Excess Balance NOW&MM Accts <br /> Annual ECR Interest to pay fees $15;728.88 $10 2•'953.99” <br /> Annual Interest Earningsri.,1.14V4-14,ti$41;250.00 $34140.00 i'!.$24089.51% <br /> Net Annual Interest Earnings $44250,00 $35,482.64 <br /> • Net Annual Interest Earnings-Citibank over TD Bank $5,767.35 <br /> • Effective Interest Rate 0.029% <br /> RFP No.14-04-02-Banking Serviies Page 3 of 3 <br />