RFP Banking Services

Umpqua Community College (UCC) in Roseburg, Oregon, is seeking comprehensive banking services through a Request for Proposals (RFP) issued on January 15, 2026. The procurement targets a full-service financial institution to provide depository, disbursement, cash management, fraud prevention, electronic payment, and merchant card processing services. Key deliverables include remote deposit capture, collateralization of public funds in compliance with Oregon Revised Statute 295, and robust business continuity capabilities. The RFP requires proposers to submit two recent annual financial reports, provide at least three client references (preferably from public-sector entities), and complete detailed pricing schedules. Evaluation will be conducted in two steps, with Step 1 proposals scored across mandatory requirements (25%), technology and operational efficiency (20%), cash management and internal controls (15%), service and support (15%), and pricing (15%), while Step 2 interviews and demonstrations may contribute up to 15% of the final evaluation score. Critical dates include a question deadline of January 27, 2026 at 12:00 PM PST, proposal submission deadline of February 10, 2026 at 2:00 PM PST, potential on-campus demonstrations during the week of February 16, 2026, and a Notice of Intent to Award anticipated by February 23, 2026.

The RFP does not explicitly mention set-aside designations or restrictions for disadvantaged enterprises. The college currently maintains multiple account types, including operating, sweep, payroll, accounts payable, and financial aid accounts, serving approximately 475 employees and over 800 students. No incumbent vendor is identified in the documentation. The contract is structured for an initial term of at least five years with one optional two-year extension, with a Board recommendation scheduled for March 11, 2026. Proposers must submit electronic proposals not exceeding 20 pages to uccbids.contracts@umpqua.edu, excluding required forms and financial statements. Mandatory certifications include proof of FDIC insurance, public depository qualification, collateralization capabilities, and compliance with Oregon statutes and regulations. While specific budget ranges are not detailed, the comprehensive nature of services and the institution's size suggest a significant potential contract value for the selected banking services provider.