Banking Services

The City of Norcross is seeking competitive sealed proposals from qualified financial institutions to provide full service municipal banking and p-card services. The intent of this solicitation is to ensure efficiency, productivity, and fiscal responsibility by establishing a strong working relationship with a banking partner. The City intends to award an initial contract term of 5 years with the option to extend the contract for 2 additional 1-year periods. The successful banking institution must meet minimum qualifications detailed in the solicitation. Key services include deposit accounts, remote deposit services, lockbox services, merchant card processing, wire transfers, ACH, API integrations, fraud prevention, purchase card program, monthly statements and account analysis, online banking services, and positive pay. • Deposit accounts with cutoff times and requirements • Remote deposit services with scanning equipment and transfer procedures • Lockbox services • Merchant card processing • Wire transfers with security measures for initiation and approval • ACH with method of submission and security measures • API integrations with existing integrations or compatible file formats • Fraud prevention with detailed explanation of security services and fraud protection measures • Purchase card program with card management processes and settlement terms • Monthly statements and account analysis • Online banking services with daily reporting and account detail • Positive pay with teller data update schedules and control options