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Eastern Washington University·Washington

EWU Banking Services

Closes 7/24/2025$3M – $12MRequest for ProposalLogin required
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Description

Eastern Washington University is seeking a qualified financial institution to provide banking services for a six-year period with two optional two-year renewal periods. The selected institution will be responsible for providing a range of services, including account establishment, banking platform, account relationship management, physical branch, physical deposits, image cash letter deposits, check processing, automated clearing house services, wire transfer services, and reporting requirements. The university is looking for a partner that can provide innovative and automated service delivery options. • The contract period is for six years with two optional two-year renewal periods. • The selected financial institution will be responsible for providing a range of banking services. • The university is seeking a partner that can provide innovative and automated service delivery options. • The contract will include a transition period, during which the new financial institution will take over the services from the existing institution. • The university reserves the right to amend or cancel the RFP at any time. • The evaluation process will consider factors such as the proposer's experience, qualifications, and pricing.

Attached files

Contact

Cody Ross(RFP Coordinator)

[email protected]

(509) 359-6804

Key dates

Opened
6/16/2025
Questions due
6/27/2025
Closes
7/24/2025
Projected award
8/29/2025
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
RFP 25-CTR07

Budget estimate

$3,000,000 – $12,000,000

Based on the scope of services required, the estimated budget for this contract could range from $500,000 to $2 million per year, considering the university's size and the range of services required. The total contract value for the six-year period could be between $3 million and $12 million. The estimated budget is influenced by factors such as the proposer's pricing, the level of services required, and the university's budget for banking services.

AI estimate from the solicitation

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