Find Banking Services RFPs and Bid Opportunities

- The City's cashVest analysis identifies KeyBank's roughly $211,000 excess balance as the top opportunity, which could yield about $7,200 more annually if moved. - The City eliminated FNBA's recurring $250 Tri-Party Collateral Safekeeping fee, cutting roughly $3,000 in annual expenses. - The City added $10 million to managed investments in August, lifting Strategic Liquidity Levels 1-5 funding from 46.9% to 59.1% but leaving $33.5 million in supported capacity. - City leadership is reviewing the intended roles of its FNBA and KeyBank accounts, signaling active evaluation of its banking structure.

- The Mobility Authority board approved issuing an RFP that bundles customer service, video toll billing, payment processing, collections, and enforcement support. - The RFP will replace the current ViaPlus agreement, which expires March 8, 2027, after the Authority chose a different approach in August 2026. - Staff will release the RFP in fall 2026, collect vendor responses by late winter 2027, and present a vendor recommendation in summer 2027. - The initial contract term is seven years with two optional two-year renewals, backed by $500,000 from the FY26 Operating Budget.