When is the submission deadline?

Submissions are due September 15, 2026. Questions must be submitted by August 25, 2026.

It was issued by City Of Arvada. The work is located in Arvada, Colorado, United States.

Who is a good fit for this opportunity?

Commercial bank or financial institution experienced in government banking services. Demonstrated capabilities in depository, ACH, wire transfer, and electronic payment processing. Strong fraud prevention, positive pay, reconciliation, and transaction monitoring systems. Experience serving public-sector entities with secure, reliable financial operations.

Banking Services (Due September 15, 2026)

Overview

Financial, Legal, HR & Staffing

Arvada, Colorado, United StatesPosted: August 15, 2026Deadline: September 15, 2026

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SUMMARY

A Colorado government authority seeks a banking services provider to manage deposits, disbursements, ACH, wire transfers, fraud prevention, reconciliation, and electronic payment processing under a one-year contract.

KEY REQUIREMENTS

Must be Federal Deposit Insurance Corporation (FDIC) insured
Must be established as an Eligible Public Depository by the State Banking Board
Must maintain a Satisfactory or higher rating under the federal Community Reinvestment Act for the last three years
Must have an existing full-service branch or central bank within the City of Arvada city limits
Must have a credit rating better than or equal to A- by Standard & Poor’s or Fitch, A3 by Moody’s Investor Service, or Veribanc Green Plus 3 Stars or better
Must have the ability to sign HUD General Depository Agreement
Must comply with accessibility standards for individuals with disabilities pursuant to C.R.S. §24-85-103
Must provide proof of required insurance coverage including Commercial General Liability, Workers Compensation, and Automobile Liability

CONTRACT DURATION

60 months

TIMELINE

RFP Issued: August 14th, 2026

Question Deadline: August 25th, 2026

Proposals Due By: September 15th, 2026

QUESTION DEADLINE

August 25, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

City Of Arvada

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DESCRIPTION

A government authority in Colorado is seeking a banking services provider for a one-year contract. The selected bank will establish and maintain designated demand deposit accounts, support account transfers and funding arrangements, process deposits, provide account balance availability, and offer stop-payment services.

The provider will deliver secure disbursement services supporting check issuance, presentment information, payment verification, fraud prevention, exception processing, reconciliation, and related activities. Payee name positive pay or an equivalent fraud-prevention service will be required for designated accounts.

Services will also include ACH origination, processing, reporting, returns, domestic outgoing wire transfers, repetitive and non-repetitive wire transactions, future-dated transactions where appropriate, authorization controls, approval workflows, transaction monitoring, and electronic capture and processing of payment and remittance information. Questions must be submitted by August 25, 2026.

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Frequently asked questions

When is the submission deadline?: Submissions are due September 15, 2026. Questions must be submitted by August 25, 2026.
Who issued this RFP?: It was issued by City Of Arvada. The work is located in Arvada, Colorado, United States.
Who is a good fit for this opportunity?: Commercial bank or financial institution experienced in government banking services
Demonstrated capabilities in depository, ACH, wire transfer, and electronic payment processing
Strong fraud prevention, positive pay, reconciliation, and transaction monitoring systems
Experience serving public-sector entities with secure, reliable financial operations

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.

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