Roosevelt County Banking Services

Roosevelt County is seeking a banking institution to provide comprehensive banking, cash management, collateralization, electronic banking, deposit, and investment-related services under a one-year contract with up to three annual renewals.

Roosevelt County


General
Open
#2026-01
Oct 09, 2026 08:00 PM
1 year base + 3 × 1 year options
Request for Proposal (RFP)
Local
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Original Solicitation Links
Contact
finance@rooseveltcounty.com
+15753565307
Roosevelt County, NM, USA
Submission Instructions
Mail
Roosevelt County, 109 W. First St., Portales, NM 88130
Description

Roosevelt County is soliciting proposals from a qualified banking institution to provide comprehensive banking services for approximately seven to ten County accounts, including interest-bearing deposits, daily repurchase-agreement sweeps or other collateralized interest-bearing accounts, online banking and cash-management services, ACH and direct-deposit processing, wire transfers, stop payments, electronic statements, remote deposits, check and deposit-slip services, cash-handling supplies, and related support. The selected bank must maintain a full-service banking location within Roosevelt County with either a branch serving Portales or a no-cost courier service covering County departments and elected-official agencies. The bank must comply with New Mexico collateralization requirements, maintain a collateral security agreement, provide recurring collateral reports, support the County's investment policy, and offer competitive interest rates. Proposals must address institutional experience, approach to the scope of work, financial stability, litigation, references, security measures, and required banking capabilities. The contract is for one year from award, with up to three additional one-year renewals at the discretion of both parties.

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
commercial banking servicescash management serviceselectronic banking services
Specifications
Service Only
Timeline
Sep 21, 2026 08:00 PM-Acknowledgment of Receipt Form Due
Sep 22, 2026 08:00 PM-Written Questions Due
Sep 25, 2026-Responses to Written Questions
Oct 9, 2026-Proposal Evaluation
Oct 09, 2026 08:00 PM-Proposal Submission Deadline
Oct 13, 2026-Finalists and Interviews
Oct 14, 2026-Best and Final Offers
Oct 15, 2026-Contract Negotiations
Oct 20, 2026-Contract Award
Nov 08, 2026 12:00 AM-Protest Deadline
Requirements
Scored
  • Minimum 3 references
  • Client point of contact required for each reference
No
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