Banking Services

Overview

Financial, Legal, HR & Staffing

Raleigh, North Carolina, United States; Durham, North Carolina, United States; Morrisville, North Carolina, United StatesPosted 15 days agoDeadline: May 26th, 2026

Fit Score

Settle Intelligence

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SUMMARY

North Carolina seeks a vendor for integrated banking services—including lockbox and secure online platforms—for a five-year contract.

KEY REQUIREMENTS

Must be an FDIC-insured institution
Must be authorized to conduct business in the State of North Carolina
Must maintain a full-service branch location within 15 miles of GoTriangle Plaza in Durham, North Carolina
Must comply with the North Carolina Local Government Budget and Fiscal Control Act
Must maintain a documented and tested Business Continuity and Disaster Recovery plan
Project Manager must have a minimum of 5 years of experience supporting governmental or public sector banking implementations
Must provide annual Service Organization Control (SOC) reports
Must maintain specified insurance coverage, including $5 million Umbrella/Excess Liability and $5 million Professional Liability

BUDGET

Estimate

$150,000 – $300,000

CONTRACT DURATION

60 months

TIMELINE

RFP Issue Date: April 14th, 2026

Requests For Clarification Due: April 28th, 2026

Exceptions to Terms and Conditions Due: April 28th, 2026

Final Addendum Published: May 12th, 2026

Proposal Due Date and Time: May 26th, 2026

Proposal Evaluation: May 26th, 2026 - June 9th, 2026

Demonstrations, Negotiations and BAFO: June 9th, 2026 - June 23rd, 2026

Notice of Intent to Award: June 23rd, 2026

Contract Execution: Upon GoTriangle’s Board approval

QUESTION DEADLINE

April 28th, 2026

Issuing Agency

Research Triangle Regional Public Transportation Authority

Organization overview and procurement intelligence available on paid plans.

See Issuer Research

DESCRIPTION

A government authority in North Carolina is soliciting proposals for comprehensive banking services. The selected vendor will be required to provide pricing consistent with standard account analysis methodology, covering all unit pricing, service charges, and potential bundled components.

Core banking services must be fully integrated and designed to support operational, fiduciary, and reporting requirements. The scope includes secure wholesale lockbox solutions, an advanced online banking platform for real-time access, transaction processing, reporting, and robust administrative account controls. All services must be delivered securely, efficiently, and in a manner that supports auditability.

The contract will last for five years, and prospective bidders should submit questions by April 28, 2026.

Source attribution

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