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Minimum Qualification Requirements (MQRS) <br />2.3 MINIMUM QUALIFICATION REQUIREMENTS (MQRS) <br />1.Please read the MQRs to ensure the Firm meets these requirements prior to submitting a <br />response to this RFP. <br />TD Bank acknowledges the above. <br />2.All Minimum Qualification Requirements (MQRs) must be submitted with Firm’s response. <br />TD Bank acknowledges the above. <br />3.Firms that do not comply with MQRs may be determined non-responsive and disqualified. <br />TD Bank acknowledges the above. <br />4. Awarded firm will be required to maintain Minimum Qualification Requirement a and b <br />during the term of the Contract and any Contract renewals. <br />a.The Proposer shall hold the proper license/qualifications to perform the Scope of <br />Work set forth within this solicitation to including but not limited to the following: <br />•Federal or State of Florida Charter Bank; <br />•Certified as a “Qualified Public Depository” under Chapter 280 Florida <br />Statutes, “Security for Public Deposits”; <br />•Member of FDIC; and <br />•Member of Federal Reserve System. <br />The Proposer must provide a copy of the applicable license(s) or status with Firm’s <br />response. <br />TD Bank acknowledges the above. <br />b.The Proposer shall have a branch bank located in Sunny Isles Beach. Be a Federal or <br />Florida chartered bank with a principal Branch office located within a ten (10) mile <br />radius of the city of Sunny Isles Beach, Florida, from the zip code 33160. Preference <br />may be given to proposing banks with a principal Branch office within the city limits of <br />Sunny Isles, Beach. <br />c.The Proposer must have received an unqualified opinion in its audited financial report <br />for each of the last two (2) years. <br />Proposer must provide a copy of the opinion with Firm’s response. <br />TD Bank's most recent financial information including annual audit financial <br />reports for the last two years are available online at: <br />https://www.td.com/investor-relations/ir-homepage/ir-homepage/investor- <br />index.jsp <br />d.The Proposer must have at least five (5) years’ experience having provided the scope <br />Proposed by: TD Bank, N.A.Page 2