Opportunity
Georgetown Ionwave #202668
City of Georgetown, TX Solicits Financial Institutions for Primary Depository Services
Posted
September 10, 2026
Respond By
October 15, 2026
Identifier
202668
NAICS
522110
This opportunity is for financial institutions to provide primary depository services to the City of Georgetown, Texas. - Government Buyer: - City of Georgetown, Texas - Finance Department, Purchasing Department - Eligible Vendors: - Qualified banks and financial institutions with a main office or branch within Georgetown city limits - Services Requested: - Comprehensive banking and depository services - Account management - Online banking portal with reporting and transaction capabilities - ACH and wire transfer services - Fraud protection (positive pay, ACH fraud filters) - Safekeeping of city-owned securities - Workday ERP integrations - Lockbox processing - Controlled disbursement and zero balance accounts - Mobile app functionality - Collateral management - Unique Requirements: - Applicants must have a main or branch office within Georgetown city limits - Must comply with the City’s Investment Policy and Texas statutes governing public funds - Must register as a supplier in the City’s E-bid system - City may award to more than one applicant and reserves the right to negotiate terms - Contract Term: - Initial two-year contract, with three one-year extension options (up to five years total) - Transition period of up to 90 days at contract end - No specific OEMs or product part numbers; this is a service procurement
Description
The City of Georgetown, Texas, is soliciting applications from eligible and qualified financial institutions with a main office or branch location within the City's municipal boundaries to provide primary Depository Services. The initial contract period will begin May 1, 2027, and end April 30, 2029, with an option to extend for three additional one-year periods under the same terms and conditions. Applications must be electronically submitted through the City's E-bid system by October 15, 2026, at 2:00 PM CT. A non-mandatory pre-application conference will be held on September 17, 2026, at 1:30 PM CT.