Designation as a 2027 Municipal Depository Service

The government authority located in Chicago, IL requires a bank to provide municipal depository services for designation in fiscal year 2027. To qualify, the bank must maintain an office that conducts standard banking operations at the time of proposal submission, including receiving deposits, managing customer accounts, processing transactions, and issuing credit. Eligible applicants are restricted to onshore USA organizations, and the work will be performed offsite. Applicants must submit all questions no later than October 19, 2026, and the authority is currently seeking proposals to determine the budget.