Bid Description: REQUEST FOR PROPOSALS – BANKING SERVICES
Project Information
- Bid Title
- Bid Description: REQUEST FOR PROPOSALS – BANKING SERVICES
- Issuing Agency
- Pittsburg city
- Location
- Kansas
- Published Date
- Apr 6, 2026
- Closing Date
- Apr 30, 2026
- Government Level
- State & Local
- Status
- Closed
- Original Source
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- Project Description
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Bid Description: REQUEST FOR PROPOSALS – BANKING SERVICES
Bid Release
Date: Monday, April 6, 2026Bid Closing Date: Thursday, April 30, 2026 - 2:00 pm
The City of Pittsburg is requesting competitive proposals from eligible financial institutions to act as the City’s depository institution for the period of three years, effective on the first of the following fiscal year, with additional one-year renewal options. The City is also intent on finding financial institutions with sustainability focus in addition to banking services. Eligible institutions must meet the requirements of K.S.A. 12-1675 and meet the minimum qualifications as stated within this Request for Proposal.
Details:
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CITY OF PITTSBURG, KS – BANKING SERVICES RFPDATE:TO:April 6, 2026Prospective Financial InstitutionsThe City of Pittsburg is requesting competitive proposals from firms qualified to provideBANKING SERVICES.Proposals must be received no later than2:00 PM April 30, 2026Submit five (5) original signed proposals to:Finance DepartmentAttn: Missy Scott201 W 4th StreetPittsburg, KS 66762Said proposals must conform to the instructions as outlined in the attached request.Proposals should be clearly labeled – RFP – BANKING SERVICESQuestions concerning this RFP should be directed to Missy Scott, Director of Finance(620) 231-4100 Email at: missy.scott@pittks.org or Jared Peterson, Controller (620)230-5584 Email at: jared.peterson@pittks.orgLate proposals will be rejected and returned unopened.1CITY OF PITTSBURG, KS – BANKING SERVICES RFPCONTENTSAFFIDAVIT ................................................................................................. 3I. GENERAL BACKGROUND................................................................ 5II. MINIMUM QUALIFICATIONS ............................................................. 5III. SCOPE OF SERVICES....................................................................... 6IV. REQUIRED BANKING SERVICES ..................................................... 6V. OPTIONAL BANKING SERVICES....................................................10VI. OTHER VALUE-ADDED BANKING SERVICES ............................... 10VII. PROPOSAL SUBMISSION PROCESS AND DEADLINES...............11VIII. PROPOSAL REQUIREMENTS.........................................................12IX. FORMAT FOR SUBMISSION OF PROPOSAL.................................14X. REQUESTS FOR INFORMATION .................................................... 14XI. EVALUATION OF PROPOSALS ...................................................... 14XII. PROPOSAL SCHEDULE..................................................................16XIII. CONTRACT REQUIREMENTS.........................................................16EXHIBIT A: APPLICATION TO ACT AS DEPOSITORY...........................20EXHIBIT B: REQUIRED SERVICES ......................................................... 21EXHIBIT C: OPTIONAL SERVICES ......................................................... 25EXHIBIT D: OTHER VALUE-ADDED SERVICES ..................................... 262CITY OF PITTSBURG, KS – BANKING SERVICES RFPAFFIDAVITI,(Name of Individual) of the City of,County of, State of,being duly sworn on her or his oath, deposes and says;1. That I am the(Title) of(FirmName), and have been authorized by said firm to make this affidavit on its behalf;2. No officer, agent or employee of the City of Pittsburg, Kansas is financially interested, directly orindirectly, in what firm is offering to sell to the City pursuant to this Request for Proposals;orThe following officer(s), agent(s), or employee(s) of the City of Pittsburg would be financiallyinterested in or receive a benefit from the profit or payments of any contract, job work, or serviceprovided to the City of Pittsburg: (list all such officers, agents, or City employees on a separatesheet);(Affiant shall line through the statement which does not apply; failure to line through onestatement shall disqualify the proposal).3. If firm were awarded any contract, job work, or service for the City of Pittsburg, Kansas, no officer,agent or employee of the City would be financially interested in or receive any benefit from theprofit or payments of such;orThe following officer(s), agent(s), or employee(s) of the City of Pittsburg would be financiallyinterested in or receive a benefit from the profit or payments of any contract, job work, or serviceprovided to the City of Pittsburg: (list all such officers, agents, or City employees on a separatesheet);(Affiant shall line through the statement which does not apply; failure to line through onestatement shall disqualify the proposal).3CITY OF PITTSBURG, KS – BANKING SERVICES RFP4. Firm has not participated in collusion or committed any act in restraint of trade, directly or indirectly,which bears upon anyone's response or lack of response to this Request for Proposals.(Firm Name)By:(Signature)(Printed Name)(Title)Mailing AddressCity, State, Zip CodePhoneFaxE-mail Address:Federal Tax I.D. #Subscribed and sworn to before me thisday ofNOTARY PUBLIC in and for the County ofState of, 2022.(SEAL)My commission expires:4CITY OF PITTSBURG, KS – BANKING SERVICES RFPI. GENERAL BACKGROUNDThe City of Pittsburg (the City) is requesting competitive proposals from eligible financial institutions to actas the City’s depository institution for the period of three years, effective on the first of the following fiscalyear, with additional one-year renewal options. The City is also intent on finding financial institutions withsustainability focus in addition to banking services. Eligible institutions must meet the requirements ofK.S.A. 12-1675 and meet the minimum qualifications as stated within this Request for Proposal. Bankingservices and charges will be reviewed on an annual basis to ensure the equity of the agreement for bothparties. It is the intent of the City to have one financial institution provide the banking needs for the City’smain operating account.The intent of this Request for Proposal is to provide qualified financial institutions an equal opportunity tosubmit proposals to handle the City’s bank accounts and services. Banking services not requested in thisproposal can be negotiated between the City and the selected bank if required at a later date.II. MINIMUM QUALIFICATIONSThe following indicates the minimum qualifications and criteria for a bank’s proposal to be eligible forconsideration and evaluation. Specific responses to each requirement must be provided in your proposal.• Be insured by the Federal Deposit Insurance Corporation (FDIC).• Be eligible to be a depository of City funds pursuant to K.S.A. 9-1401 and 9-1408, et. seq., as amended withfull-service branch in the City limits of Pittsburg. All responding banks must complete Exhibit A.• Be an online cash and securities member of the Federal Reserve.• Be able to provide 100% collateralization of all City deposits with collateral in compliance with the CityInvestment Policy.• Provide credit information from a nationally recognized rating organization such as Moody’s, Standard &Poor’s, etc.• Have the capacity of providing all Required Services internally. The City prefers that the responding bankprovide services without the use of joint ventures, consortiums, or contract service providers because ofcontrol issues. The City will determine the acceptability of any arrangements with the objective of the RFPbeing the total solution.• Maintain a financial institution bond, Form 24 or equivalent, with a limit of not less than $3,000,000 banker’sprofessional liability in the amount of $2,000,000 per occurrence/annual aggregate and valuable papercoverage.• Branch locations within the City limits of Pittsburg, Kansas.5
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