Banking Services
Overview
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SUMMARY
DESCRIPTION
A government authority in Linden, New Jersey is seeking a banking services provider for a one-year contract. The selected bank will provide services for all authority accounts, including monthly account statements mailed by the fifth business day of each month and account reconciliation.
Required services also include interest on accounts, wiring services, monthly account analysis showing banking earnings credits, itemized fees, and interest earned to be credited to the City. The provider must be able to accept online banking transactions from the City and maintain a bank office in a location convenient for the City to conduct business. Questions must be submitted by October 26, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due November 6, 2026.
- Who is a good fit for this opportunity?
- Commercial bank or financial institution experienced in municipal banking services
- Demonstrated capabilities in account reconciliation, wire transfers, online banking, and account analysis
- Ability to provide timely mailed statements and detailed fee and interest reporting
- Maintains a conveniently located branch office serving Linden, New Jersey
- Experience supporting government or public-sector clients
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.