Overview


Financial, Legal, HR & Staffing
Memphis, Tennessee, United StatesPosted 10 days agoDeadline: May 27th, 2026

Fit Score


Settle Intelligence

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SUMMARY


Seeking a provider to deliver comprehensive banking services, including account management, automation, and internet banking functionality, for a Memphis government entity.

KEY REQUIREMENTS


BUDGET

Estimate

$500,000,000

CONTRACT DURATION


12 months

TIMELINE


Request for Proposals Released: April 27th, 2026

Deadline for Questions: May 18th, 2026

Proposal Due Date: May 27th, 2026

Goods/Services to Commence: Immediately upon execution of the contract

QUESTION DEADLINE


May 18th, 2026

Issuing Agency


Shelby County Government

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


A government authority located in Memphis, Tennessee is seeking a vendor to provide banking services. The scope includes establishing and managing a structured suite of accounts under the agency Trustee’s custodial responsibilities. Required banking activities cover deposits, disbursements, automatic overnight investments, certificates of deposit or savings accounts, and ACH direct deposit for payroll.

Vendors must clearly outline the degree to which each service is automated, as well as the functionality offered via internet banking, associated security protocols, and any relevant timelines for file transmissions. Additional requested information includes daily transaction volumes processed for all clients by the financial institution, where applicable. The contract period will be for two years. All questions regarding the RFP must be submitted by May 18, 2026.

Source attribution

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

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