PICA Issues RFP for Depository Banking Services

PICA Issues RFP for Depository Banking Services   PICA requests proposals from qualified financial institutions to provide Depository Banking services related to establishing and maintaining an interest bearing account with wire service capabilities for PICA to receive City of Philadelphia tax revenue from the Commonwealth of Pennsylvania Department of Treasury on a weekly basis. PICA will then transfer such revenues minus operating expenses to an existing trust account for the City of Philadelphia, according to the Pennsylvania