Banking Services

The Finance Authority of New Orleans seeks a strategic banking partner to support its complete range of banking needs, including general operating accounts, the $100 million Resilient New Orleans Fund, Housing Trust Fund, and other specialized programs. The required scope includes depository and operating accounts, collateralization of public deposits exceeding FDIC limits, treasury management, online banking, monthly account analysis, cybersecurity controls, and a capital recycling strategy. Only USA-based organizations operating as onshore entities are eligible to bid, and performance occurs offsite. Bidders must submit proposals digitally as a PDF via email to [email protected] by November 10, 2026, at 4:00 PM CDT. All questions and requests for clarification must be emailed to the same address no later than October 13, 2026. Submissions must include a signed cover letter, completed bank questionnaire, signed Conflict of Interest Disclosure Affidavit, and DBE Participation Form. Proposals will be evaluated and scored by an evaluation committee using weighted criteria. The contract term is three years, and the source text notes the budget status as seeking proposals.