Description
The City of Indianapolis and Marion County are seeking detailed information from qualified financial institutions on the full suite of municipal banking and depository services. This RFI is purely informational and will be used to shape a future procurement (potential RFP). Respondents must provide narrative answers across nine defined sections covering institution background, account structures, fund protection, treasury management, technology integration, customer service, reporting, high‑level fee structures, and references. No pricing is required, and the City reserves the right to proceed or not based on the responses.
• Provide an overview of your bank’s experience with municipal clients, especially in Indiana/Midwest.
• Detail recommended account types, treasury management tools (online banking, ACH, wire, lockbox, positive‑pay, etc.), and integration capabilities with ERP systems such as Oracle PeopleSoft.
• Describe security measures, reporting, fee models (high‑level only), and supply 2‑3 municipal references.