Overview


Financial, Legal, HR & Staffing
Sherman, Texas, United States; Van Alstyne, Texas, United StatesPosted: June 3rd, 2026Deadline: July 13th, 2026

Fit Score


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SUMMARY


The government authority seeks a vendor in Texas to provide sub-depository bank services, evaluating applicants on security, experience, product offerings, and cost.

KEY REQUIREMENTS


CONTRACT DURATION


48 months

TIMELINE


June 2nd, 2026: Commissioners Court authorizes request for applications.

June 11th, 2026: First newspaper advertisement.

June 18th, 2026: Second newspaper advertisement.

June 25th, 2026: Third newspaper advertisement.

July 1st, 2026: Question deadline.

July 3rd, 2026: Answers posted.

July 13th, 2026: Bids due and opened at 10:00 A.M.

July 21st, 2026: Recommendations to Commissioners Court.

September 9th, 2026: Deadline for bond and securities.

October 1st, 2026: Effective date of contract.

QUESTION DEADLINE


July 1st, 2026

Issuing Agency


Grayson County

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DESCRIPTION


A government authority in Texas is seeking a qualified vendor to provide sub-depository bank services. The selected bank will be evaluated based on criteria including financial stability, ability to pledge adequate securities against County funds, relevant experience with similar accounts, and net rate of return on County funds.

The vendor must demonstrate the capacity to meet all service requirements and offer competitive costs for their services. Online security measures to prevent fraudulent transactions are required, along with advanced cash management products that can improve the County’s banking procedures. The availability and convenience of physical banking locations will also be considered. Interested vendors must submit all questions related to the RFP no later than July 1, 2026.

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Frequently asked questions

When is the submission deadline?
Submissions are due July 13, 2026. Questions must be submitted by July 1, 2026.
Who issued this RFP?
It was issued by Grayson County. The work is located in Sherman, Texas, United States; Van Alstyne, Texas, United States.
Who is a good fit for this opportunity?
  • Established commercial bank with experience in public sector depository services
  • Strong financial standing and ability to pledge required securities
  • Proven track record of high-level cash management and online security
  • Network of branch locations within Texas
  • Capability to offer competitive service costs and enhanced banking solutions

Analysis generated by Settle AI from the source RFP.

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