20210706 - Banking Services

The Village of Grosse Pointe Shores is requesting proposals from qualified banking institutions that can provide the City with comprehensive, high-quality banking services, competitive pricing, and a strong working relationship with its banking partner. The Village of Grosse Pointe Shores’s intent is to adhere to the Government Finance Officers Association recommendation to bid out banking services every five years.
An objective of this solicitation is to eliminate or reduce manual processes, outsource activities if unnecessary to be performed internally, and generally increase the efficiency, effectiveness, productivity, and customer service in the City. The Village of Grosse Pointe Shores intends to award an initial three-year contract period with the option to extend the contract.