Banking Treasury Management Services

The Sacramento, California government authority is seeking a qualified vendor to provide comprehensive banking treasury management services. The agency needs to establish demand deposit accounts, zero balance accounts, and sweep services utilizing short-term investment fund vehicles with stable net asset values. This initiative aims to secure robust fraud protection through automated clearing house filters and positive pay systems, alongside automated account reconcilement and cash forecasting tools. The requested scope of work covers sweep account balance reporting, check imaging services, remote deposit, and online tax payment capabilities directly to government agencies. The selected vendor must handle automated clearing house services, check processing, disbursement, clearing services, and benefit payments for retiree payroll and benefits. Additionally, the agency requires check printing capabilities using magnetic ink character recognition on approved check stock, with readiness to support file testing and check validation. The project also encompasses online, intra-day reporting and real-time cash administrative payment management services. Merchant services must support online, over-the-phone, and in-person payment options. A dedicated client service team and an onboarding project manager must support the agency throughout the contract. Eligible bidders must be onshore organizations based in the United States. The agency requires the performance of all work to take place offsite. Bidders must submit their proposals digitally via email or online, and the agency is currently looking for proposals to determine the budget. Bidders must submit all questions regarding this opportunity no later than July 17, 2026.