Banking Services

Overview

Financial, Legal, HR & Staffing

Denison, Texas, United StatesPosted 6 days agoDeadline: June 30th, 2026

Fit Score

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SUMMARY

RFP for a two-year contract to provide banking and cash management services for a government district in Denison, Texas.

KEY REQUIREMENTS

Must be an FDIC insured, collateralized, financially sound, federally regulated banking institution
Must have a branch located in Denison, Texas; Pottsboro, Texas; or Sherman, Texas
Must have experience supporting municipalities, counties, school districts, higher education, and other public agencies
Must be fully compliant with the Texas Public Funds Investment Act (PFIA)
Must provide a specified account officer with a principal office located in Grayson County, Texas
Must provide secure, compliant, and efficient banking solutions
Must maintain strong capital ratios, consistent earnings performance, and high credit ratings

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

24 months

TIMELINE

RFP release date: May 1st, 2026

Optional Q&A session: May 8th, 2026

Last day for questions: June 23rd, 2026

Proposal due: June 30th, 2026

Bids unsealed: June 30th, 2026

Board meeting to award bid: August 4th, 2026

QUESTION DEADLINE

June 23rd, 2026

Issuing Agency

Grayson College

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in Denison, Texas is seeking a qualified vendor to provide comprehensive banking services for its district funds. The selected depository will assist with all essential banking functions for either all district funds or select funds as designated by the district.

Services to be provided include receiving deposits, processing payments and checks, facilitating domestic and international wire transfers, managing stop payments, and maintaining time deposit accounts. The contract further requires management of specialized accounts such as cash management, accounts payable, payroll, worker's compensation, and international transfer accounts.

The initial contract period will be for two years. Interested vendors must submit any questions regarding the RFP by June 23, 2026.

Source attribution

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