The choice of a banking service provider is one not-for-profits should make carefully. After all, a banker should be viewed as a business partner of the organization, not just a vendor. Establishing and maintaining a relationship with an institution you like and trust is critical to your financial success.
A request for proposals (RFP) process is commonly used when selecting a new banking service provider, but before going out for bids, an NFP may wish to use a request for