Schertz Bonfire #2026-012

Bank depository services for the City of Schertz

The City of Schertz is seeking a banking provider to deliver depository services and support the City’s finance operations. - Government buyer: City of Schertz, Purchasing Department; the Finance Department manages banking, treasury and investment activities, accounts payable and receivable, payroll, financial reporting, deposits, and reconciliation. - Requested service: Bank depository services for deposits collected at multiple City locations, supporting banking, treasury, and investment activities. - Operating context: City staff currently make daily deposits under the Finance Director’s direction and control. Biweekly payroll is funded by wire transfer through an unnamed third-party payroll company. - OEMs and vendors: No banks, OEMs, or other vendors are named in the opportunity. - Products, quantities, and part numbers: No physical products, quantities, or part numbers are specified; this is a services procurement. - Notable requirements: The provider will support a range of municipal financial operations, including handling deposits from multiple locations. No service term or specific performance period is provided.

Description

The City is seeking proposals for bank depository services. The City’s Finance Department oversees banking, treasury, investment, accounts payable, receivables, payroll, and financial reporting, and manages deposits collected at multiple locations. City staff currently make deposits daily under the Finance Director’s direction, and the department handles reconciliation. The City has approximately 450 or more full- and part-time employees, with biweekly payroll funded by wire transfer through a third-party payroll company.

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