Request for Application for Depository Services

The City of New Braunfels is seeking qualified financial institutions with a physical presence within its municipal boundaries to provide depository bank services under Chapter 105 of the Texas Local Government Code. Applicants must submit sealed proposals by September 2, 2026, to be considered for this solicitation, which seeks a bank capable of handling essential banking functions including collections, disbursements, fund transfers, wire transactions, stop payments, and other routine commercial banking activities. The selected institution will not be permitted to engage in investment transactions beyond the clearing, safekeeping, and income distribution of funds. The solicitation is open exclusively to local financial institutions, reinforcing the City’s commitment to supporting community-based banking partners. All applications must be submitted through the designated BeaconBid portal, and inquiries should be directed to Barbara Coleman, the primary point of contact listed for this opportunity.