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  5. ›Banking Services for City of Oxford, Ohio

City of Oxford·Ohio

Banking Services for City of Oxford, Ohio

Closes 2/16/2026$100k – $500kRequest for Information
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Description

The City of Oxford, Ohio is seeking comprehensive banking services for all municipal accounts, covering general deposit/withdrawal functions, treasury management, cash‑management, electronic funds transfer, and integration with existing financial software. Bidders must demonstrate the ability to support a municipal budget of $50‑$60 million, provide detailed fee schedules, show prior experience with Ohio local‑government banking, and submit extensive documentation—including financial strength, regulatory standing, and multiple notarized affidavits—by hard‑copy deadline. This RFI is not a binding contract award; the City retains full discretion on award and may reject all proposals. • Required services: general banking, treasury/cash‑management, electronic fund transfers, software integration. • Evaluation factors: qualifications, public‑sector experience, proximity, fee schedule, references, financial strength, conflict‑of‑interest disclosures. • Mandatory submission items: cover letter, service list with fees, experience evidence, three public‑sector references, financial statements, regulatory documents, non‑collusion and tax affidavits, transition plan, sample contract, and hard‑copy delivery.

Attached files

Contact

Heidi Ridenour(Finance Director)

[email protected]

(513) 524-5202

Key dates

Opened
1/14/2026
Questions due
2/9/2026
Closes
2/16/2026
Projected award
4/6/2026

Last updated

Details

Type
Request for Information
Industry
Financial Services
NAICS
522110

Budget estimate

$100,000 – $500,000

The solicitation does not disclose a fee structure, but the City’s operating budget is $50‑$60 million. Municipal banking contracts typically range from 0.1%–0.5% of annual transaction volume in fees, plus potential implementation and transition fees. Assuming average transaction activity, an annual revenue for the selected bank could fall between roughly $100,000 and $500,000, with higher ends for comprehensive treasury‑management services.

AI estimate from the solicitation

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