Sub-Depository Bank Services
Overview
Fit Score
Settle Intelligence
Settle helps teams find, evaluate, and respond to public RFPs. We continuously surface new opportunities, score them against your company strengths, and draft proposal responses so you can focus on the work that wins business.
SUMMARY
KEY REQUIREMENTS
CONTRACT DURATION
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
Issuing Agency
Grayson County
Organization overview and procurement intelligence available on paid plans.
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.
Source attribution
This Settle Intelligence analysis is based on the issuing organization’s RFP listing.