Comprehensive Banking Services – Request for Proposals

The City of Franklin is seeking a qualified financial institution to provide comprehensive banking services for its municipal operations. The contract will cover all core banking functions, including cash management, electronic payments, deposit services, loan administration, and related advisory support. The selected bank will serve as the city’s primary depository and financial services partner, handling day‑to‑day transactions, treasury activities, and providing online banking platforms for city departments and officials. • Core deposit and cash management services for municipal accounts. • Electronic funds transfer, ACH, wire services, and online banking portal support. • Treasury and investment advisory, loan servicing, and reporting capabilities. • Compliance with state and local financial regulations and audit requirements. • Ongoing customer service and account management for city staff and elected officials.