Request for Proposal - Banking Services
Closed State & local contract opportunity Posted
- Solicitation number
- Lycoming-Clinton Joinder Board, Lycoming & Clinton Counties, PA
- State
- Pennsylvania
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from pennbid.bonfirehub.com. Updated .
About this opportunity
The Lycoming-Clinton Joinder Board is requesting proposals from qualified banking institutions to provide comprehensive financial and banking services, with sealed proposals due September 25, 2026 at 4:30 p.m. via PennBid and questions due September 18, 2026 at 4:30 p.m.
The scope includes depository and account maintenance services; electronic and automated banking options; investment and banking service advice; account security and fraud prevention; reporting and reconciliation support; and other banking services to meet operational needs. Specific service requirements from the RFP summary include monthly account statements with check images, remote deposit capture with two terminals, online account access, online ACH payments (daily limit $4 million), online ACH receipts (daily limit $5,000), EDI reporting, ACH debit block and check positive pay fraud prevention, and assignment of a local relationship manager. The organization maintains multiple accounts including Children and Youth, MH/ID/EI Programs, HealthChoices Joinder Operating, Joinder Payroll, and LC Grants Checking, with average monthly activity ranging from minimal to 154 ACH transactions depending on account.
Proposers must provide pricing including minimum compensating balances and interest rates per account; two lines of credit—one for the MH/ID/EI program ($2.5 million, historical average balance $200,000 since January 2023) and one for Children & Youth ($2.5 million, historical average balance approximately $271,000 since January 2023); fraud protection program descriptions; security protocols for online services; detailed conversion plan with schedule from anticipated award date; training description for Joinder Board personnel; past performance and audited financial statements; and three customer references from similar organizations. Proposals must remain valid 45 days following the due date. Award is anticipated by October 15, 2026, with proposers available during the week of September 28, 2026 to answer questions.
As of June 30, 2025, the Joinder Board maintained approximately $12.6 million in cash and cash equivalents and $12.468 million of bank balances exposed to custodial credit risk. The organization currently maintains two lines of credit totaling $1.691 million. Woodlands Bank is the current banking services provider. The Joinder Board reserves the right to reject any or all proposals and assumes no obligation to reimburse proposers for preparation costs or participation expenses; all submitted proposals and associated ideas are retained and may be used regardless of selection outcome.
Opportunity text
Description The Lycoming-Clinton Joinder Board is soliciting proposals from qualified banking institutions to provide financial and banking services to the organization. The goal of the Lycoming-Clinton Joinder Board is to receive accurate, timely depository and account maintenance services; minimize risk of loss; receive sound investment and banking service advice; and utilize modern electronic and automated banking options to accomplish these goals at a reasonable price. Specifications include but are not limited to: depository and account maintenance services; electronic and automated banking services; investment and banking service advice; account security and fraud prevention; reporting and reconciliation support; and other banking services necessary to meet the operational needs of the Lycoming-Clinton Joinder Board. There is no expressed or implied obligation for the Lycoming-Clinton Joinder Board to reimburse responding banking institutions for any expenses incurred in preparing proposals in response to this request. Any inquiries must be directed via the "Ask a Question" feature within PennBid. Deadline for submitting questions is: 4:30pm, September 18, 2026. Responses to general questions will be circulated to recipients of the RFP. Sealed proposals for Banking Services will be received by The Lycoming-Clinton Joinder Board until 4:30pm, September 25, 2026, via the PennBid website - https://pennbid.bonfirehub.com . During the evaluation and selection process, proposers should be prepared to provide additional information, executive summaries or make oral presentations, as requested. The Lycoming-Clinton Joinder Board reserves the right to retain all proposals submitted and to use any ideas in a proposal regardless of whether that proposal is selected.
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