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PROPOSAL FOR BANKING SERVICE <br />BANI(• ft'tWEST <br />Under a Dual Control setting, the City will have the peace of mind knowing that changes <br />made to users by Administrators must be approved by another Administrator. <br />Image Retrieval <br />WebDirect Images: Bank of the West provides a default 90-day archive of images through <br />the online banking platform WebDirect. Images of deposits, checks written, and any other <br />paper transaction are available for viewing. Electronic transactions are searchable and <br />available on WebDirect for 90-days as a default. (Note: images of electronic transactions are <br />not available because there is no paper item negotiated and therefore no item to <br />scan/capture). Additional storage (180-day or 1-year) is available through WebDirect at an <br />additional cost. <br />Stop Payment <br />The City can place a stop payment on a single check or on a range of checks online via <br />WebDirect's Stop Payment module, at a local branch office or by calling our client services. <br />When the stop payment is placed, the system will simultaneously perform an automatic <br />check inquiry from an inventory of 90 days of paid check history. If the check has not been <br />paid within the last 90 days, a stop payment will be placed. WebDirect is available 24 hours <br />a day, 7 days a week with one hour scheduled for routine system maintenance from 2:00 <br />a.m. — 3:00 a.m. (CST) daily. <br />Training <br />The Bank and the City will work together to determine exact requirements, expectations, <br />training, timing and task responsibility. **A demo can be facilitated upon request**. <br />Hardware <br />• Intel Pentium® II or higher class processor. <br />• Microsoft Windows® 2000 or XP <br />• Microsoft Internet Explorer@ version 6.0 or higher* <br />• Internet Access (broadband recommended) <br />• For network settings, refer to your IT department <br />G. Interest compounded daily on a money market account(s) (include rate). <br />Interest is compounded monthly in our Money Market Savings Accounts. Interest paid out in <br />our fully collateralized Money Market Savings Account is .05%. *rates are subject to change <br />with market changes and fluctuations. <br />18IPage <br />