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<br /> <br />Introducing the 4M Fund/U.S. Bank One Card Program <br /> <br />The 4M Fund and us. Bank are pleased to offer <br />a no fee One Card solution designed specifically <br />to help Minnesota communities manage their <br />purchasing transactions. With one easy process, the <br />One Card provides the purchasing flexibility needed <br />to increase efficiencies and decrease costs - with <br />a potential for rebates back to your community. <br />Sponsored by the League of Minnesota Cities as <br />part of the 4M Fund, the One Card is another <br />unique 4M Fund service to Minnesota public <br />entities. <br /> <br />Benefits <br /> <br />Because of the 4M Fund's ability to pool <br />government purchasing activities, the 4M Fund/US. <br />Bank One Card program offer numerous benefits to <br />participants, such as: <br /> <br />· Increased potential for rebates <br />· Flexibility to offer multiple cards <br />· Transaction and merchant category Controls <br />· Comprehensive online reporting <br /> <br />How It Works <br /> <br />To participate, each city will need to complete a <br />US. Bank One Card application. This application <br />requires three years of audited financial statements <br />and credit approval as a stand-alone entity. <br /> <br />Participating cities with an annual card volume of <br />$500,000 or more will be eligible for an annual <br />rebate if the overall combined 4M Fund One Card <br />program criteria are met: <br /> <br />· Total combined annual spend for all participating <br />cities is $5,000,000 or more <br /> <br />· Combined average transaction size for all <br />participating cities is $150 or more <br /> <br />Each city is responsible for the management of their <br />individual One Card program. All payments and <br />program maintenance will be supported through a <br />designated Account Manager and Customer Service <br />relationship with US. Bank. <br /> <br />For More Information <br /> <br />To find out more about the 4M Fund/US. Bank <br />One Card Program, please contact Kevin Herbert, <br />US. Bank Government Banking Division, at (651) <br />466-8602 or by email at kevin.herbert@usbank. <br />com, or Pat Harris from the 4M Fund at (612) 376- <br />7017 or by email atpharris@voyageur.net. <br /> <br />Sponsor <br /> <br />League of Minnesota Cities <br />145 University Avenue West <br />St. Paul, MN 55103-2044 <br />(651) 281-1200 · wwwAMFund.com <br /> <br />* if a single community uses under 200 cards, no fees apply. if more than 200 cards are issued, the program fee is waived when annual <br />card volume exceeds $1,000,000; otherwise, a $40 per card annualfee will be implemented. <br />