Depository Banking and Treasury Management Services

The City of Navasota, Texas, is seeking a qualified financial institution to provide comprehensive depository banking, treasury management, payment processing, fraud prevention, collateralization, implementation, and related services.

City of Navasota


General
Open
Sep 24, 2026 07:00 PM
Sep 03, 2026 12:00 PM
5 years base + 2 × 1 year options
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
jlabelle@navasotatx.gov
+19368256475
200 East Mcalpine Street, Navasota, TX, USA
Submission Instructions
Mail
Office of the City Secretary, City of Navasota, 200 E. McAlpine Street, Navasota, Texas 77868, Attn: RFP - Depository Banking Services - City of Navasota
Description

The City of Navasota is soliciting sealed proposals from qualified banks, credit unions, and savings associations to serve as the City's depository and provide comprehensive banking and cash-management services. The scope includes depository and disbursement accounts, online treasury management and reporting, ACH and wire transfers, remote deposit capture, positive pay and payee verification, fraud-prevention controls, account reconciliation and analysis, earnings credit and interest-bearing options, investment sweep options, collateralization of public funds, and related services described in the RFP. The selected institution will provide implementation and conversion support, systems integration, training, relationship management, cybersecurity, business continuity, incident response, and ongoing service reviews. The anticipated initial term is five years beginning January 1, 2027, with up to two additional one-year renewal options. Proposals must include a digital version, and documents should be combined into a single searchable PDF whenever possible.

Classification Codes
NAICS522110Commercial Banking
PSCR711Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public)
Smart Codes
depository banking servicestreasury management servicesfraud prevention banking
Specifications
Supply & Service
Timeline
Sep 3, 2026-Open Date
Sep 11, 2026-Deadline for Written Questions
Sep 15, 2026-City Responses / Addenda Issued
Sep 24, 2026 07:00 PM-Proposal Submission Deadline
Sep 25, 2026-Anticipated Evaluation / Demonstrations
Oct 12, 2026-Anticipated Council Consideration (optional)
Jan 1, 2027-Anticipated Contract Start Date
Requirements
Required
  • Federal Deposit / Share Insurance
  • Financial Institution Bond / Bankers Blanket Bond — $5,000,000.00
  • Cyber / Privacy and Technology Errors & Omissions — $5,000,000.00
  • Commercial General Liability — $1,000,000.00
  • Workers' Compensation / Employers' Liability
Scored
  • Minimum 3 references
  • Client point of contact required for each reference
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