Banking Services

REQUEST FOR PROPOSALRFP Number 26 - 21Banking ServicesThe City of Henderson, Kentucky is requesting sealed proposals from qualified institutions for banking services as described in the following document.   A banking institution (bank) is considered to be qualified if it is legally authorized to conduct business in the Commonwealth of Kentucky, has a branch office located within the City of Henderson and can provide collateral for deposits.According to KRS 66.480, “A credit union is not a “bank” or a “savings and loan institution” within the meaning of KRS 66.480(1)(d). Funds may be invested only in entities approved by the legislature as spelled out in KRS 66.480(1)(d).Sealed proposals will be received in the Finance Office at the Henderson Municipal Center, 222 First Street, PO Box 716, Henderson, Kentucky, 42419-0716, until 2:00 p.m., Wednesday, August 12, 2026.  Facsimile or electronic proposals will not be accepted.  Late proposals will not be accepted.  The proposal opening will not be open to the public.  Questions regarding this Request for Proposal may be directed to Shay Bridges, Finance Manager, at (270) 831-1200.The proposals are being solicited pursuant to KRS 45A.370.