Government Contract | Texas
Banking Services Contract

Bid Information

Bid Alert No: 00000568412

Bid Title: Banking Services Contract

Agency Bid No. Title: Not Stated

Received Date: 05/11/2016

Close Date: 06/07/2016

Purchase Type: Term: 10/01/2016 - 09/30/2021

Delivery Point: Leon Valley, Texas

Delivery Date: Not Stated


Specifications include, but are not limited to:1.Online Banking Services - The bank must have online banking services. The City requires an automated PC-based reporting system for access to the closing ledger and available balances. Stipulate the time at which the access is available and describe the system to be used. Reporting should include balance and daily reporting.2.Standard disbursement services Standard disbursing services for all accounts are required to include the payment of all checks upon presentation. No funds or fees may be withdrawn from the Depository except by properly drawn warrants which have been approved and signed by appropriate authorities as designated on signature cards.3.Standard deposit services The bank must guarantee immediate credit on all incoming wire transfers and U.S. Treasury checks upon receipt and all other checks based on the banks availability schedule. All deposits received before the banks deadline will be credited daily. All deposits will be mixed containing cash, check and coin. The bank will notify the City as soon as possible for any deposit adjustments.4.Statements Monthly account statements will be provided within five (5) working days after the close of the calendar month. Each statement shall contain optical images of the checks. If the City requests to see a copy of the back of the check, the bank shall make that available. These statements shall show the number of checks, deposits and deposit items posted, daily ledger balances, average daily ledger balance for the month, average daily collected balance for the month and other items on which the charges are based.

Product Code: 94625

Agency Information

Issuing Agency: City of Leon Valley

State: Texas

Agency Type: State and Local

Contact: 6400 El Verde Road, Leon Valley, Texas, 78238



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