Sunset selects Zions Bank for municipal banking after RFP; transition fees waived during handover
After limited responses to a request for proposals, the council approved selecting Zions Bank for the city's banking services, citing lower predictable fees (staff cited a $4.95 monthly price point for certain services for a year) and a two-month fee waiver during transition; the motion passed unanimously.
The full story
City staff recommended awarding banking services to Zions Bank after an RFP and interviews produced only a few proposals. Office Manager Nicole told the council that the mayor and staff sat in on interviews and that Zions offered a low, largely flat fee structure for standard services.
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