Banking Services Follow Solicitation

Texas Woman’s University (“TWU”) is seeking competitive responses to a Request for Proposal (“RFP”) for Banking Services.

TWU is seeking Proposals from one or more responsive and responsible Proposer(s) for banking services for the Texas Woman’s University System.

TWU is seeking proposals from responsive and responsible proposer(s) for depository and other banking services in accordance with the requirements/conditions set forth in the Sealed Proposal Request No. RFP-731-27-001-CJ.

TWU is looking for a financial institution that will partner with us to provide excellent stewardship of the University’s fiscal assets.

From an operational standpoint TWU would prefer to have one bank perform all services, but reserves the right to segregate various services among multiple vendors if that option would be in the best interest of the University.

Required Services

All proposals should include pricing and clearly defined capabilities for the following cash management services:

• Depository services
• Online banking (accessing information and initiating transactions via internet)
• Automated Clearing House batch import capability for outgoing payments
• Inbound and outbound domestic wires
• Internal controls to ensure separation of duties
• Dual verification of all outgoing electronic transactions
• Depository account that receives incoming monies but blocks all debits with the exception of daily zero balance sweeps
• Controlled disbursements
• Stop-payment service and returned item processing
• All returned items are imaged with a reason code & description
• Information reporting, reconciliation and related services
• Merchant services/debit and credit card processing
• Collateral and safekeeping services
• Remote check deposit solution
• Remote safe deposit solution
• Periodic statements of analysis and charges
• Daily imaging of all paid checks
• ATM services in Denton, Dallas and Houston
• Retention and image on demand for all cleared checks and deposit items
• EDI reports for all accounts

Optional Services

The following services are desirable but not required for this proposal.

• Soft token usage
• Armored car pickup of deposits in Denton, Dallas and Houston
• Depository check images

Proposal must be submitted online in TWU’s electronic bidding portal in Oracle’s Supplier Portal. Proposals faxed, emailed or mailed will NOT be accepted.

Online bidding system closes at exactly **2:00 PM**. Late submittals will not be accepted.

The term of the contract under this RFP will be for an initial period of three (3) years, with the option to renew for one (1) year renewal period provided both parties agree to the same terms, conditions, prices and funds are appropriated by the Legislature for this purpose. The initial term will commence on September 1, 2027.

Proposals are to be valid for TWU’s acceptance for a minimum of 270 days from the submittal deadline date.

The evaluation will be based on the following system:

| Criteria | Points |
| --- | --- |
| Banking services costs and earnings potential | 40 |
| Responsiveness and ability to provide services and reports required | 45 |
| Experience, references, and continuity of bank and bank officials | 10 |
| Creditworthiness and stability of the bank | 5 |
| Total | 100 |