Banking Services

The buyer requires banking services from a qualified financial institution located in the USA to serve a government authority in Minneapolis, MN. The buyer seeks a three-year contract for comprehensive offsite services, including general depository banking, treasury management, lockbox services for multiple city departments, and prepaid card services. The selected vendor must provide cash management, currency, checking, electronic payments, secure digital banking, fraud prevention, implementation support, and disaster recovery capabilities. The vendor must also support integration with the buyer's PeopleSoft ERP, its migrating Workday system, and a centralized payment platform. Eligible bidders must be USA organizations performing the work offsite. Bidders must submit all questions by October 2, 2026. The buyer seeks budget proposals and maintains no obligation to hold time or demand funds in the bank beyond a compensating balance.