Texas DIR/ESBD #RFP-731-27-001-CJ

Banking and cash-management services for Texas Woman’s University System

Texas Woman’s University System is seeking a financial institution to manage its depository accounts and deliver banking and cash-management services. - Government buyer: Texas Woman’s University System; Texas Woman’s University, Procurement and Contract Services. - Scope: Operating, payroll, custody, and other deposit accounts, with cash management, online banking, daily balance reporting, ACH processing, domestic wires, controlled disbursements, positive pay, stop payments, reconciliation, merchant and card processing, remote deposits, safekeeping, collateral, statements, account analysis, imaging, EDI reporting, and ATM services in Denton, Dallas, and Houston. - Estimated activity: About 200 operating checks totaling $2 million, 250 ACH transactions and 800 EFTs totaling about $30 million, and payroll activity of about 25 ACH transactions totaling $11 million plus 85 checks totaling $45,000 per month. Other activity includes about 260 remotely deposited checks, 15 outgoing wires, and four daily incoming wires. - Notable requirements: Maintain collateral at 102% of principal plus accrued interest, net of FDIC coverage; provide daily balance reporting and dual-verification and separation-of-duties controls. Optional services include soft tokens, armored-car deposit pickup, and depository check images. - OEMs and vendors: No banking-services provider or OEM is named. Oracle is mentioned only as the proposal-submission portal, not as a service provider.

Description

Texas Woman's University is seeking proposals from a financial institution to provide banking services and steward the University's fiscal assets. The University currently uses commercial checking accounts with controlled disbursements for operating and payroll, a money market account, a custodial investment safe-keeping account, and a zero-balance sweep account. The RFP includes proposed-fee and historical-rate attachments, with activity details covering the last 90 days as of October 16, 2026. Proposals must be submitted online through TWU's electronic bidding portal by November 20, 2026, at 2:00 PM CT; late submissions will not be accepted.

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