Enterprise Banking Services

The Wisconsin Enterprise Banking Services multi-award vehicle provides comprehensive banking and financial services for state agencies and local governments. The contract covers a wide range of services including deposit processing, check reconciliation, ACH transactions, wire transfers, positive pay services, merchant processing, e-payment gateway solutions, and specialized reporting. Key services encompass credit/debit card processing, electronic check services, payment validation, and financial transaction support across multiple state departments such as Children and Families, Revenue, Justice, and Corrections.

The contract is awarded to U.S. Bank National Association, with Elavon, Inc. serving as a key subcontractor for merchant processing services. The contract was initially executed on July 1, 2020, with a five-year base term and eligibility for two-year renewals. The most recent amendment extends the contract through June 30, 2027, covering the State of Wisconsin and participating local governments. The vehicle utilizes a comprehensive pricing model, including pass-through rates for interchange fees and a detailed Bank Fee Price Sheet with over 500 line items detailing specific service costs. The contract's geographic coverage includes Wisconsin state agencies and local municipalities, providing a standardized banking services framework with consistent pricing and service levels.