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Texas Womans University·Texas

Banking Services

Closes 11/20/2026$500k – $2MRequest for Proposal
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Description

Texas Woman’s University is seeking a qualified financial institution to provide comprehensive banking and cash‑management services for the university system. The contract will cover depository accounts, online banking, ACH/wire processing, controlled disbursements, zero‑balance sweep accounts, merchant services, remote deposit, ATM services, and related reporting. The initial award term is three years with a one‑year renewal option, and the university expects a single bank to serve all campuses, though segregation among multiple banks is permissible if advantageous. Proposers must submit detailed pricing, service capabilities, and compliance certifications through the TWU Oracle Supplier Portal by the deadline.

Attached files

Contact

Chelle Jezek(Procurement and Contract Services)

[email protected]

(940) 898-3541

Key dates

Opened
10/26/2026
Questions due
11/3/2026
Closes
11/20/2026
Projected award
12/14/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
RFP-731-27-001-CJ

Budget estimate

$500,000 – $2,000,000

The university’s cash‑management needs involve multiple high‑volume accounts (e.g., $30 M in monthly ACH/EFT transactions, $2 M in checks, payroll of $11 M). Based on typical fee structures for large institutional banking (annual service fees, transaction fees, and cash‑management pricing), the total contract value is likely in the range of $500 K to $2 M per year, resulting in a 3‑year contract worth roughly $1.5 M to $6 M. Factors influencing the final amount include negotiated fee schedules, volume discounts, optional services (armored car pickup, soft‑token usage), and whether the university consolidates all services with one bank.

AI estimate from the solicitation

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