Municipal Depository Services for the City of Meridian

The City of Meridian is seeking a financial institution to provide depository services for a period of two years, from January 1, 2026, to December 31, 2027. The selected institution will be required to provide a range of services, including checking and savings accounts, wire transfers, and investment advice. The institution must also meet certain requirements, such as being insured by the Federal Deposit Insurance Corporation and having a minimum capital to assets ratio. The City of Meridian is looking for a financial institution that can provide secure and reliable depository services, as well as expert advice on cash management and investment strategies. Some of the key services that the institution will be required to provide include: • Monthly statements and account reconciliations • Wire transfer services • Investment advice and portfolio management • Checking and savings accounts • Debit and credit card services • Online banking and account management The City of Meridian is seeking a financial institution that can provide these services in a secure and reliable manner, and that can also provide expert advice on cash management and investment strategies.