Banking, Custody and Lockbox Services

The County of Fresno is seeking comprehensive banking, custody, and lockbox services. The contract was awarded to BMO Bank N.A. for the Banking and Custody components, and AFTS of California, Inc. for the Lockbox component. The contract is pending Board approval. The scope of work includes providing banking, custody, and lockbox services to the County. • The contract is for an unspecified duration, pending Board approval. • The County is an Equal Employment Opportunity Employer. • The contract was awarded based on the most responsive and responsible bidders whose proposals were determined to be the most advantageous to the County. • The contract includes a tentative award notice, which was issued on April 25, 2025.