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Custodial Bank Services

Overview


Financial, Legal, HR & Staffing
Chattanooga, Tennessee, United StatesPosted: August 7, 2026Deadline: September 17, 2026

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SUMMARY


A Tennessee government authority seeks custodial banking services for a governmental defined pension plan with approximately $400 million in assets. The provider will support accounts and investments under the direction of the authority’s investment consultant.

KEY REQUIREMENTS


TIMELINE


Written questions due: August 14th, 2026

Answers to written questions: August 21st, 2026

Proposals due: September 17th, 2026

QUESTION DEADLINE


August 14, 2026

CONTACTS


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

Additional decision-makers and their departments

Issuing Agency


Chattanooga Fire And Police Pension Fund

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DESCRIPTION


A government authority in Tennessee is seeking a qualified vendor to provide custodial banking services for its governmental defined pension plan. The selected custodial bank will operate under the guidance of the authority’s investment consultant.

The pension fund has approximately $400 million in assets, consisting of one separate account, 10 commingled funds, and six mutual funds. All questions regarding the procurement must be submitted by August 14, 2026. Proposals are due by September 17, 2026.

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Frequently asked questions


When is the submission deadline?
Submissions are due September 17, 2026. Questions must be submitted by August 14, 2026.
Who issued this RFP?
It was issued by Chattanooga Fire And Police Pension Fund. The work is located in Chattanooga, Tennessee, United States.
Who is a good fit for this opportunity?
  • Established custodial bank with experience serving public-sector pension plans
  • Proven capability managing separate accounts, commingled funds, and mutual funds
  • Experience coordinating services with investment consultants
  • Strong institutional asset custody, reporting, and compliance capabilities

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    Custodial Bank Services (Due September 17, 2026) | Settle RFP Hunter