BANKING-9380 - USA (Minneapolis, Minnesota) - Banking Services - Deadline October 22,2026

(1) Vendor needs to provide banking services to the government authority located in Minneapolis, MN. – For banking services from qualified financial institutions. – These services will include general depository banking, lockbox services, and prepaid card services. – The City will be under no obligation to maintain time or demand funds in the bank except for use as a compensating balance.– The city currently uses a PeopleSoft ERP system and is currently in the process of implementing and migrating to Workday.– Also in the process of implementing a centralized payment platform for revenue and payment collection.• Complete depository banking account services • Treasury management services • Cash management, checking, and currency services • Electronic payment services • Secure digital banking services • Fraud prevention services • Treasury reporting and analytics • Implementation and conversion support • Ongoing relationship management • Technical support • Disaster recovery capabilities and business continuity support • Depository services• Cash management, currency, and checking services• Electronic payments• Fraud prevention and security• Treasury management technology• Reporting requirements• Customer service and relationship management• Alternative or new services– To provide comprehensive retail lockbox services supporting the collection and processing of payments for multiple City departments. – Provide secure, timely, and accurate processing of mailed payments, electronic transmission of remittance data, online image access, exception processing, and ongoing customer support.• Citywide Receivables • Utility Billing • Business Licensing • Development Permits • Regulatory Services • Public Works Assessments and Billings • Health Permits (2) All questions must be submitted no later than October 2, 2026.(3) The contract period will be three years.