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1. Banking institutions' financial statistics, including size, profitability, assets, equity, liquidity, and management. 2. Responsiveness of the proposal in clearly stating an understanding of the City's banking service requirements. 3. Banking institutions' ability to provide services required by the City. 4. Cost of providing banking services. THE CITY RESERVES THE RIGHT TO REJECT ANY AND ALL PROPOSALS SUBMITTED. Information Requested from Proposers In order to achieve a uniform review of all proposals and to thus obtain the maximum degree of comparability, it is required that proposals be organized in the manner specified below. I. Title Page — Clearly indicate the subject of the proposal, the name of the proposer's institution, institution's address, phone number, the name of a contact person from the institution, and the date of the proposal. 11. Table of Contents — Include a clear identification of the material by section and page number. III. Letter of Transmittal — This section should be limited to two pages. Proposers may use this section to present any information that they consider essential to their proposal. Give the names of the persons who are authorized to make representations for the proposer, along with their titles, business address and phone numbers. IV. Independence of the Proposer — the following information is required: A. Describe any business, investment or family relationships with the City, City officials, appointed employees or department heads. B. Describe any formal independence guidelines used by your institution. V Profile of Proposer — Provide a description of your institution's financial status, officers, and business practices and philosophy, including: A. Current summary financial data, including summary income statements and balance sheets, and financial ratios. B. Names and positions of officers of the local branch(s) of the institution. C. Formally defined statement of institution's goals. VI. Scope of Services — The City is using or considering many banking services. Please provide information relative to the availability, related fees, and the extent of the following services and requirements: A. FDIC/FSLIC insurance on deposits at limits prescribed by law. B. Pledged collateral to the City, in a form acceptable under State Statutes. C. Daily "sweep" to money market checking, money market savings, electronic funds transfer [ACH for payroll], and other accounts as necessary. D. Depository for federal withholding and FICA taxes.