Banking Services

Overview

Financial, Legal, HR & Staffing

West Palm Beach, Florida, United StatesPosted 24 days agoDeadline: May 26th, 2026

Fit Score

Settle Intelligence

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SUMMARY

A government authority in West Palm Beach, Florida is seeking a vendor to deliver a suite of banking services, including electronic banking and card programs, for a three-year contract.

KEY REQUIREMENTS

Must maintain a full-service branch or home office in Palm Beach County
Must execute and comply with the terms of the General Depository Agreement (form HUD-51999)
Must not be currently designated as troubled or financially/operationally unstable by any regulatory agency
Must provide audited financial statements for the most recently completed fiscal year
Must provide a signed statement confirming ability to meet all scope of services requirements
Must possess all required State of Florida licenses and Palm Beach County business tax receipts
Must provide workers' compensation, business automobile liability, commercial general liability, and professional liability insurance
Must submit one original and five copies of the proposal plus one digital copy on a flash drive

BUDGET

Estimate

$50,000 – $250,000

CONTRACT DURATION

60 months

TIMELINE

Legal Advertisement posted: April 12th, 2026 and April 19th, 2026

RFP package posted: April 13th, 2026

Pre-proposal conference: April 21st, 2026 at 9:00 am

Deadline for questions: May 19th, 2026 at 2:00 pm

Submission deadline: May 26th, 2026 at 2:00 pm

QUESTION DEADLINE

May 19th, 2026

Issuing Agency

Palm Beach County Housing Authority

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in West Palm Beach, Florida is seeking a provider for comprehensive banking services. Required accounts include operating, escrow, and security deposit accounts. The selected vendor will be responsible for timely debit and credit memoranda on all transactions except deposits, and must provide monthly bank account statements electronically.

The provider should offer a robust platform for online access, enabling features such as issuing stop payments, voids, and online transfers. Additional requirements include availability of funds, provision of banking supplies, reliable bank services contact, electronic banking capabilities, direct deposit functionality, positive pay services, and a credit and purchasing card program. The contract duration will be three years.

All prospective bidders are required to submit their questions by May 19, 2026. A pre-bid conference is scheduled for April 21, 2026.

Source attribution

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