Description
The Texas A&M University System is seeking a single lead bank to serve as its primary banking partner for the entire system. The contract will cover a comprehensive suite of cash‑management services—including controlled disbursement accounts, zero‑balance account structures, wire transfers, ACH processing, remote deposit capture, and an online treasury management platform—plus full collateralization via a $50 million surety bond. The vendor must provide real‑time reporting, fraud controls (positive pay, ACH review), and secure electronic access to transaction data. The agreement’s initial term is five years with an optional five‑year renewal, and the system expects the lead bank to support 21 member institutions across Texas.