Banking Depository Services
Overview
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SUMMARY
DESCRIPTION
A government authority in Bridgeport, Texas is seeking a banking depository services provider to serve as the depository for the city’s public funds. Services are expected to include receiving deposits, paying items, wiring funds, receiving wired funds, processing Automated Clearing House items, stop payments, time deposits, and other standard business banking activities.
The selected provider will be responsible for delivering banking services while maintaining the safety and security of the city’s financial resources. The provider is also expected to maximize earnings on account balances, offer cost-efficient compensation for services subject to competitive market forces, and maintain a productive working relationship with the city.
The contract period will be three years.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 24, 2026.
- Who is a good fit for this opportunity?
- Commercial banking institution with public-sector depository experience
- Strong capabilities in treasury management, ACH, wire transfers, and account services
- Demonstrated ability to safeguard public funds and optimize account earnings
- Competitive pricing and compliance with applicable banking regulations
- Established presence or service capacity in Texas
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.