Banking Services

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The Golden L.E.A.F. (Long-term Economic Advancement Foundation), Inc. (“Golden LEAF” or the “Foundation”) is requesting proposals from qualified financial institutions with a strong presence in North Carolina to provide banking services for the organization.

Golden LEAF utilizes demand deposit accounts held at two separate financial institutions in its day-to-day operations and utilizes a corporate credit card structure with five corporate cards.  Golden LEAF has a revolving line of credit as a component of its liquidity risk management practices.

Golden LEAF is not seeking custodian services for its investment corpus.

Golden LEAF reserves the right to select one or more financial institutions to perform the following services or to reject all submissions. For example, Golden LEAF may choose one or more financial institutions to provide banking services and then one or more financial institutions to provide line of credit services or may choose not to have a line of credit.

Prior financial statements are linked below. 

2022 Financial Statements

2023 Financial Statements

2024 Financial Statements

Responses to Questions

Responses posted June 16, 2025

Responses posted June 17, 2025

Responses posted June 19, 2025

Responses posted June 20, 2025

Questions regarding this RFP should be submitted using the form available below. Golden LEAF may not respond to all questions submitted but, if Golden LEAF does reply, it may make the question and Golden LEAF’s response available to other potential Respondents and the public. 

Interested parties may sign up to receive updates regarding this RFP, including Golden LEAF’s responses to questions submitted at: https://goldenleaf.org/rfp-updates and selecting Banking Services from the options.

Proposals must be submitted using the form below and are due by 4 pm EDT on Wednesday, June 25, 2025. Respondents will receive an automated confirmation email following a successful submission.

The form may take a moment to appear. If you are not able to access the form, please contact J.P. Boyd, Golden LEAF’s Vice President of Investments, at [email protected]g.