Ector County Hospital District Ionwave #26-15

ECISD Seeks Financial Institution to Operate School-Based Branch at Odessa High School

Ector County Independent School District (ECISD) in Odessa, Texas is seeking proposals from qualified credit unions or banks to establish and operate a full-service financial institution branch within Odessa High School. - The selected financial institution will: - Staff, manage, and operate the branch, providing standard banking services (checking, savings, loans, etc.) to students, staff, and the community - Cover all costs for facility buildout, renovation, maintenance, and insurance - Supply all technology and equipment required for branch operations, including ATMs if applicable - Implement robust security, cash-handling, and risk management protocols - Provide paid employment for at least 5 students (minimum 15 hours/week during the school year) - Offer job-shadowing opportunities for at least 100 students annually (minimum 3 hours each) - Deliver financial literacy education and outreach to at least 2,000 students per year, including classroom lessons, workshops, and guest speakers - Collaborate with ECISD to integrate financial education into the curriculum - Make monthly lease payments for facility space and participate in transaction-based revenue sharing for an OHS Bronchos debit/credit card program - Notable requirements: - All operational and facility costs are the responsibility of the financial institution - The branch must comply with all industry and regulatory standards - The opportunity is open to all qualified financial institutions; no specific OEMs or vendors are named - Place of performance is Odessa High School, with contracting and administration at the ECISD Administration Building in Odessa, TX - The contract is for an initial five-year term with potential renewals, subject to compliance and funding

Description

Ector County Independent School District (ECISD) is seeking proposals from qualified credit unions or banks to establish and operate a school-based financial branch within ECISD. The initiative aims to provide financial education, workforce readiness, and real-world learning opportunities for students while offering convenient financial services to staff, students, and the community. The selected institution will manage branch operations, provide financial literacy programs, offer student internships and job-shadowing, and collaborate with ECISD on curriculum connections. The contract period is five fiscal years, with potential renewal.

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