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Regents Award Banking Services Contract

Apr 11, 2013 -- 5:30am

 

The Southeast Missouri State University Board of Regents Wednesday awarded a contract for the University and branch banking services to U.S. Bank beginning July 1 this year through June 30, 2017.  Vice president for finance and administration Kathy Mangels says state statutes require daily banking services be bid every four years. Proposals were received from Commerce Bank and U.S. Bank and based on cost and subjective evaluation, it was determined U.S. Bank provided the best and lowest proposal.

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