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SYNOVUS BANK
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RFP No. 24-06-01 Banking Services
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SYNOVUS BANK
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PROPOSAL QUESTIONNAIRE FORM <br />Any questions that are not applicable Proposer to identify with a response of N/A (not applicable) Please <br />provide answers to questions below as an attachment if it cannot fit on this page. <br />Name of person completing questionnaire: Title:Andy LaFear <br />1.Type of Bank (Federal or StateCharter):State of Georgia <br />2.Is your Bank a member of NACHA? Yes <br />3.Deposits Federally insureduptoFDIC insured up to $250,000 <br />4.Is your bank an Equal Opportunity Lender?Yes <br />5.Authorized Florida Qualified Public Depository? Yes <br />6.Please describe in detail your ability to provide remote deposit capture services. Include all benefits, <br />processing procedures, deadlines, return items, safekeeping and destruction guidelines and <br />indemnification. (costs to be identified on the proposalform) <br />Address the liability for illegible images. <br />Synovus Gateway Remote Deposit <br />Synovus offers flexibility to deposit paper checks electronically directly into the City’s Synovus <br />account(s). An easy way to deposit paper checks electronically with a desktop scanner, or anywhere <br />business finds you using your mobile device and the Synovus Gateway Mobile application. Thiswill <br />helptosave bothtime andmoney,aswellasallow foranextendeddeposit deadline of6:00PM ET <br />eachbusinessday,forsame dayledger credit. <br />Authorizedemployees will scan checks for deposit by using a bank approved scanner. Next, youwill <br />confirmthecheckamountsandverifythatthedepositbalances.Youwillthensubmitthe deposit to <br />Synovus with confirmation oftransmission. <br />Synovus will work with the City to assess the number of scanners needed and load capacity in order <br />to assist in choosing appropriate scanners to purchase. <br />Highlights <br />One consolidated view of activity from multiple locations into multiple accounts <br />Virtual endorsements <br />Same-day account credit available <br />Email deposit notifications <br />What it Does: <br />Eliminates frequent bank trips, travel expenses, and employee risk. <br />Enables error corrections before deposit submission <br />Simplifies recordkeeping with online archiveof scanned images, deposit info, and reports. <br />Reduces paperwork. <br />July 12, 2024Page 64 <br />City of Sunny Isles Beach RFP 24-06-01 <br />Banking Services - Synovus Bank Submission <br /> <br />
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