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Account Proposal Landmark Bank has established an Interest Bearing checking account designed for Non-Profit Orgmfizations. Based on the volume provided in your RFD we'are pleased to offer you the following checking account: · Interest bearing account based on the 90 Day T.Bill rate. The current rate is 3.44% and it changes monthly · Interest is paid on balances over $150,000.00. · To receive the rate stated above the City will need to maintain $1,000,000.00 on a monthly average in this account. Daily balances maintain below this mount will receive less interest. Based our conversations with staff this is highly unlikely and therefore Bank is not at this point quoting that rate. · No monthly serVice charge or per item fees. · No charge for Wire Transfers. · No charge for Internet banking Independence Landmark Community Bank currently has one certificate of deposit with the City of Ramsey in the amount of $259,842.00. Outside of this account there is no other business, family, or investment relationship with the City, appointed employees or department heads. The bank utilizes Regulation O for compliance for determining internal independence. Bank Profile. Financial Data Landmark Bank financial information can be found by accessing the following website www.fdic, gov.. After entering the sit~ you would enter UBPR where it says search the site and then press the Uniform Bank Performance Reports The bank name to enter is Landmark'Community Bank in Minnesota. The £mancial information for Landmark is compared against the performance of banks of similar size and branches. They are known as the peer group. We have enclosed a 'copy of the latest report. Landmark Bank goal is to receive a fair retrain and offer Value to its client in the l'orm of service and financial advice.