RFP 2026-07-0210 Banking Services 2027-2031

The City of Baton Rouge – Parish of East Baton Rouge is seeking proposals for banking services for the years 2027 through 2031. The selected bank will provide a range of services, including account maintenance, account analysis, account debits, account reconciliation, deposits, stop payments, returned checks, wire transfers, safekeeping and collateral pricing services, online data communication, credit card processing, direct deposits, lockbox services, and cash investment services. The bank will also provide "Zero Balance Account" (ZBA) reporting facilities and will correct any errors it makes on City-Parish accounts within ten business days of notice of the error. Proposers must quote fees on a per account basis and provide information regarding their abilities to provide “positive pay” services for checks paid. Some key points to consider are: • The City-Parish has 44 Demand Deposit Accounts (DDA’s) and 8 Zero Balance Accounts (ZBA) that need to be maintained. • The City-Parish issues approximately 4,000 checks each month. • The City-Parish currently processes various payments via ACH debit entries, with approximately 4,050 employees utilizing direct deposit for payroll on a bi-weekly basis. • The proposer shall make ACH debit blocking available on all accounts. • The City-Parish requires the bank to provide cleared check image files information for the Consolidated Cash, Payroll, and Juror Witness Fee Accounts. The proposal should include a Title Page, Table of Contents, signed Letter of Transmittal, and Proposal Contents as outlined and requested within Attachment A of this RFP. Proposers should clearly demonstrate the applicant’s qualifications and experiences to perform the banking services and attend all factors applicable in a professional relationship.