UNSPSC 64101500: Time deposit accounts

A deposit account is a savings account, current account, or other type of bank account, at a banking institution that allows money to be deposited and withdrawn by the account holder

UNSPSC 64101500 Time deposit accounts is a Class code tracking state and local procurement activity in banking, treasury, and cash management services—the full suite of deposit, liquidity, payment processing, and financial custodial services that public entities contract for day-to-day operations and capital financing. Recent solicitations show state and local governments buying ACH processing, commercial paper liquidity facilities, custodial services for bond proceeds, commercial credit card programs, banking and treasury management, and loan administration services—not time deposits in the traditional sense, but the operational banking infrastructure that depends on or complements deposit products.

Issuing bodies span state finance and comptroller offices (Texas Comptroller of Public Accounts, Illinois Finance Authority), municipal finance departments (City of Dallas, City of San Antonio, Integral Care in Austin), county and special-purpose authorities (Ontario International Airport Authority, Orange County Transportation Authority, Cobb County School District, Pinellas County, Hays County), and independent entities managing public funds (Teacher Retirement System of Texas, Texas Prepaid Higher Education Tuition Board). Activity is concentrated in Texas and California, with scattered opportunities in Georgia, Illinois, Oregon, and Connecticut. Recent solicitations include the City of Dallas's Request for Competitive Sealed Proposals for Commercial Paper Liquidity Providers (BEZ2600030089, due May 22, 2026) supporting $775 million in combined borrowing across three capital programs; the Texas Comptroller's RFP 240k for ACH services (due May 19, 2026) supporting multiple state agencies' collections and disbursements; the Ontario International Airport Authority's underwriter pool RFP (due May 11, 2026) for $500 million in General Airport Revenue Bonds; Integral Care's RFP IC-RFP-2026-001 for banking and treasury services (due May 7, 2026); and Hays County's RFP 2026P16 for credit card processing (due July 6, 2026) integrating with the Tyler ERP platform. Quiet activity in traditional time deposit placement itself—no recent competitive solicitations name deposit-account interest rates or term structures as primary procurement objects—suggests the code reflects legacy classification rather than current state and local buying patterns.