Banking Services
Overview
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SUMMARY
DESCRIPTION
A government authority in Henderson, Kentucky is seeking a qualified banking institution to provide banking services. The selected provider will support the City's banking operations and must meet specific service and account management requirements.
The City requires that no minimum balance be imposed on any of its checking accounts and that all bank statements be available for electronic download. The bank may not close any City account, regardless of balance, without written permission from the City signed by at least one authorized signer.
Additional requirements include night deposit capabilities, correction of all bank errors within three business days of notification, provision of at least four locking deposit bags and keys, and ACH Block or filter services with automatic email notifications.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 10, 2026.
- Who is a good fit for this opportunity?
- Commercial bank with public sector or municipal banking experience
- Institution able to provide treasury management and ACH fraud control tools
- Bank with local or regional branch access serving Henderson, Kentucky
- Provider offering electronic statements and secure account administration
- Firm with experience supporting night deposits and municipal cash handling needs
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.