RFP - Operational Banking Services

The County of El Dorado is seeking a single banking institution (or possibly multiple) to provide comprehensive operational banking services for its Treasurer‑Tax Collector Department for a five‑year term. The scope covers everything from deposit and cash‑vault services, lockbox and remote deposit capture, armored‑carrier logistics, ZBA management, ACH/wire processing, positive‑pay fraud protection, investment sweep services, online banking, disaster‑recovery planning, and dedicated account‑management support with a two‑hour response requirement. Proposers must be a chartered, FDIC‑insured, Federal Reserve member bank with a minimum A‑/A3/4‑star credit rating, have local presence or same‑day deposit capabilities in El Dorado County, and submit a detailed AFP‑coded cost proposal. • Provide full‑service cash management (deposits, withdrawals, cash‑vault, armored carrier, lockbox, RDC). • Deliver electronic payment solutions (ACH, wire, positive‑pay, business credit cards, online reporting). • Maintain disaster‑recovery, hot‑site backup, and 2‑hour support response, plus a 90‑day implementation plan. • Meet strict qualifications: charter, FDIC, Fed Reserve, credit rating, collateral balances, and local branch presence.