Marshall Civicplus #RFP for Bank Depository Services

City of Marshall Solicits Comprehensive Bank Depository and Contingency Banking Services

The City of Marshall, Texas, is seeking proposals from qualified financial institutions to provide comprehensive bank depository services to support its municipal financial operations. - Government Buyer: - City of Marshall, Finance Department - Scope of Services: - Full-service depository banking, including: - Online banking - ACH origination and receipt (2,440 items/month) - Wire transfer services (1 incoming Fed wire/month) - Fraud prevention tools - Collateralization of public funds - Account analysis and monthly statements - Remote deposit capture (RDC) and scanner location services - Treasury management tools (1 fee/month) - Merchant processing - Bank reconciliation services - Contingency and emergency banking services: - Backup/standby banking provider for continuity during disruptions - Contingency check printing (secure file transfer, MICR-encoded checks, secure delivery) - Rapid activation for payroll direct deposit and accounts payable - Transaction Volumes (monthly averages): - 3 accounts at $10/month maintenance; 3 accounts at $15/month maintenance - 342 debit items posted; 22 credit items posted - 243 on-us items deposited; 1,692 transit items deposited - 4 chargeback charges; 2 redeposit charges - Unique Requirements: - Respondents must detail pricing, technology integration, customer service, and implementation plans - Ability to serve as both primary and contingency provider - Emphasis on security, compliance, and rapid response for emergency services - No specific OEMs or hardware vendors are named; opportunity is open to all qualified financial institutions.

Description

The City of Marshall is soliciting proposals from qualified financial institutions to provide comprehensive bank depository services. The services include full-service depository functions such as banking, contingency check printing, earnings credit, fee settlement, customer support, system integration, wire transfer limits, and bank reconciliation. The City also seeks optional contingency banking services to ensure continuity during emergencies. Proposals must be submitted by July 24, 2026, and will be evaluated based on cost, service capability, municipal experience, technology integration, customer support, and implementation plan.

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