PDS Board awards contract to Heritage Bank following RFP review

After reviewing four proposals for banking services to PDS for calendar years 2015 through 2017, PDS Management Board members voted unanimously last week to pursue a contract with Heritage Bank, according to the terms proposed by that contract.

“Heritage Bank was aggressive with its proposal this time,” said Dennis Gordon, FAICP, PDS’ executive director. “We calculate the difference to be roughly $1500 for the contract period. “And, while that might not seem like a lot, every bit counts when budgets are tight.”