Bid Banana
PricingBid helpAPILog inStart free trial
Log inStart free trial

Learn more

  • Montana guideMontana Bids and Bidding Guide
  • Financial Services RFPsFinancial Services Bids and Bidding Guide
More financial services bids →Must-win bid? Bring in The Bid Lab →
Bid Banana
SearchPricingBid helpBrowse bidsAPISupportFAQPrivacy PolicyTerms of UseAI Use Policy

This website and its content is copyright of The Bid Lab © 2026. The Bid Lab is a trademark of Bid Lab, LLC. All rights reserved.

  1. Bid Banana
  2. ›Closed bids
  3. ›Montana
  4. ›Financial Services
  5. ›Comprehensive Banking Services

Awarded contract·Yellowstone County·Montana

Comprehensive Banking Services

$2.5MSingle Award
Contract source

Description

This solicitation seeks a single banking institution to provide full‑service banking for Yellowstone County, covering custodial fund management, daily sweep investments, check processing, ACH, wire transfers, online banking, positive‑pay, reporting, and related services. The County requires an FDIC‑insured bank with local presence, technology integration to its School ERP Pro system, and the ability to secure deposits above FDIC limits. Evaluation will be based on operational capability (40 pts), transition experience (20 pts), and fee schedule (40 pts); the highest total score wins, not necessarily the lowest cost. The contract runs for five years starting Dec 1 2026, with a potential mutually‑agreed extension, and fees are fixed for the first three years.

Attached files

Key dates

Bids closed
3/2/2026
Contract modified
12/13/2025
Starts
12/1/2026
Ends
11/30/2031Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522110

Contract value

$2,500,000

The RFP does not disclose a dollar value. To estimate, consider the County’s average collected balance of $19 M (historical) with an estimated $9 M annual sweep, plus roughly 7,500 checks per month, 1,750 ACH transactions, and numerous wire transfers. Assuming typical commercial‑bank fee structures (e.g., 0.10 % of sweep balance, $0.25 per check, $0.10 per ACH, $15 per domestic wire, $30 per international wire) yields an annual fee estimate of roughly $500,000–$600,000. Over a five‑year term this approximates $2.5 million to $3 million. Additional transition incentives or optional services could raise the total, but a ball‑park figure of $2.5 million is reasonable.

AI estimate from the award documents

Similar open opportunities

Matched by Bid Banana AI™

City of Miramar·Florida

Top match · 75%

Comprehensive Treasury & Banking Services

Closes 12/16/2026Opened 10/13/2026

State University of New York·New York

72% match

Banking Services

Closes 12/8/2026Opened 10/20/2026

Texas Womans University·Texas

70% match

Banking Services

Closes 11/20/2026Opened 10/26/2026

Gloucester Township School District·New Jersey

70% match

Banking Services – Gloucester Township Board of Education

Rolling / TBD closeOpened 5/22/2026

Maryland Frederick County Public Schools·Maryland

69% match

27MISC6, Banking and Direct Deposit Services

Closes 11/20/2026Opened 10/19/2026

State University of New York (SUNY)·New York

69% match

Banking Services

Closes 12/8/2026Opened 10/20/2026

North Carolina Wake Technical Community College·North Carolina

68% match

Banking Services

Closes 11/4/2026Opened 10/20/2026

Georgetown·Kentucky

68% match

Depository and Investment Banking Services

Closes 11/6/2026Opened 10/22/2026

Housing Opportunities Commission of Montgomery County·Maryland

68% match

BANKING SERVICES

Closes 12/17/2026Opened 9/25/2026

DeSoto County - Purchasing Department·Florida

68% match

DeSoto County Banking Services

Closes 11/12/2026Opened 10/29/2026

Frederick County Public Schools·Maryland

68% match

27MISC6, Banking and Direct Deposit Services

Closes 11/20/2026Opened 10/19/2026

State of Delaware TRE·Delaware

67% match

Local Banking Service & Statewide Automated Teller Machine Services

Closes 12/23/2026Opened 10/30/2026

Polk County Sheriff's Office·Florida

66% match

Banking Services

Closes 11/16/2026Opened 10/16/2026

City of Granbury·Texas

66% match

Bank Depository Services

Closes 12/7/2026Opened 10/26/2026

Indiana Dept of Workforce Development·Indiana

66% match

Banking for Unemployment Benefits

Closes 11/30/2026Opened 10/15/2026

Ohio Air Quality Development Authority·Ohio

65% match

Request for Proposals for Banking and Investment Services

Closes 12/14/2026Opened 10/29/2026

Georgia Troup County School System·Georgia

65% match

Request For Proposal Banking Services

Closes 11/6/2026Opened 10/15/2026

City of Centralia·Illinois

65% match

Banking Services RFP

Closes 11/4/2026Opened 9/3/2026

City of Jonesboro·Arkansas

63% match

2026 Bid Tabulations

Rolling / TBD closeOpened 12/11/2025

Texas Brazos River Authority·Texas

62% match

Primary Bank Depository

Closes 11/3/2026Opened 9/29/2026

Washington State Treasurer's Office·Washington

62% match

MERCHANT BANKCARD SERVICES

Closes 11/20/2026Opened 8/31/2026

Kentucky Cabinet for Health and Family Services (CHFS)·Kentucky

62% match

Financial Mgmt. for PDS in 1915(c)HCBS Waiver Programs C5684

Closes 11/6/2026Opened 7/22/2026

United States International Development Finance Corporation·District of Columbia

62% match

Brokerage Account Services

Closes 7/30/2027Opened 7/29/2025

Commonwealth of Kentucky, Cabinet for Health and Family Services (CHFS)·Kentucky

61% match

Financial Mgmt. for PDS in 1915(c)HCBS Waiver Programs C5684

Closes 12/9/2026Opened 10/29/2026

City of Austin·Texas

61% match

Municipal Underwriting / Bond & Investment Banking Services

Closes 12/1/2026Opened 10/26/2026