Overview


Financial, Legal, HR & Staffing
Corsicana, Texas, United StatesPosted 16 days agoDeadline: April 29th, 2026

Fit Score


Settle Intelligence

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SUMMARY


Corsicana, Texas seeks a local financial institution to deliver comprehensive depository banking services under a four-year contract, excluding investment activities.

KEY REQUIREMENTS


BUDGET

Estimate

$3,000,000 – $20,000,000

CONTRACT DURATION


36 months

TIMELINE


April 1st, 2026: Distribute Depository Application/Contract.

April 1st, 2026 and April 8th, 2026: Advertise notice in the Corsicana Daily Sun.

April 29th, 2026: Deadline for bid submission by 10:00 A.M.

May 18th, 2026: Council presentation for award.

May 19th, 2026: Notify bidders and execute contract.

August 31st, 2026: Begin implementation.

October 1st, 2026: Contract period begins.

QUESTION DEADLINE


April 26th, 2026

Issuing Agency


City Of Corsicana

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


A government authority in Corsicana, Texas is seeking a vendor to provide bank depository services for a four-year contract period. Required services include receiving deposits via ACH, remote online electronic check imaging, and standard banking deposits, processing disbursements via check or ACH, handling incoming and outgoing wire activities, positive pay, and other typical business banking functions.

Investment transaction activities are excluded from this agreement beyond safekeeping services, as the city intends to manage its own investment portfolio. The city is specifically looking to work with a local financial institution that offers all core services while delivering a personalized, home-town banking experience.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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