Bank Depository Services for the City of Glenn Heights

The City of Glenn Heights, Texas is seeking applications for bank depository services to manage its financial accounts.

Glenn Heights, TX


General
Open
RFA 2026-03
Jun 18, 2026 07:00 PM
May 28, 2026 11:30 AM
Request for Quote/Qualifications (RFQ)
Local
Original Solicitation Links
Contact
Sherry Roberts
+19722231690
Glenn Heights, TX, USA
Description

The City of Glenn Heights, Texas is requesting applications from qualified financial institutions to provide comprehensive bank depository services. The selected institution will be responsible for managing the City's five checking accounts, including standard disbursement and deposit services, wire transfers, ACH services, fraud protection, stop payments, online banking, direct deposit, and providing monthly account statements. The City aims to minimize banking costs, improve operational efficiency, and maximize investment capabilities through this contract. The contract period is for three years, beginning September 1, 2026, and ending August 31, 2029, with an option to renew for two additional one-year terms, not to exceed five years in total. The City prefers electronic submissions via Public Purchase but will also accept paper copy applications. All submissions must be received by 2:00 p.m. CST on Thursday, June 18, 2026.

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
bank depository servicesfinancial institution servicestreasury management
Timeline
May 28, 2026 12:00 PM-First Public Advertisement
Jun 04, 2026 12:00 PM-Second Public Advertisement
Jun 12, 2026 12:00 PM-Deadline to Submit Questions
Jun 15, 2026 12:00 PM-Response to Questions Deadline
Jun 18, 2026 12:00 PM-Bids Due & Opened (optional)
Council Chambers at Glenn Heights City Hall
Jun 25, 2026 12:00 PM-Evaluation Committee Meets
Jul 07, 2026 12:00 PM-Contract Awarded by Council
Sep 01, 2026 12:00 PM-Services Begin