Banking and ATMs Services

The Somerville, Massachusetts government authority is seeking banking and automated teller machine services from qualified, full-service banking institutions with demonstrable experience in the municipal area. The agency requires a comprehensive account structure that supports wire transfers, automated clearing house collections and disbursements, and an automated reconciliation plan. The selected institution must also handle the deposit of funds, account balance reporting, federal and state tax payments, credit card payments, and general banking services. The scope of work demands advanced digital capabilities, including imaging capability, online access, and online banking. The agency expects the performance of these services to occur offsite. The contract period will span three years, and the agency is looking for proposals to determine the budget. Eligible bidders must be onshore organizations based in the United States. Bidders must submit any questions regarding this opportunity no later than June 17, 2026. The agency accepts digital responses submitted via email or online.