New Mexico State University

The buyer is seeking proposals for banking and merchant card services. The buyer requires general banking services including demand deposit accounts, zero balance accounts, wire transfers, and ACH services. The buyer also needs merchant card processing capabilities for multiple campus locations. The services will support the buyer's main campus and community college branches across New Mexico.

• 2/27/2025 - Deadline for Questions
• 3/13/2025 - Deadline for Addendum(s)
• 3/25/2025 - Proposal Due Date

• Be a Federal or New Mexico chartered banking institution
• Be 'Well Capitalized' as defined by the FDIC
• Able to establish minimum of 22 demand deposit accounts
• Offer zero balance account (ZBA) services
• Fulfill orders for currency and coin through armored car provider

• Provide general banking services including demand deposit accounts
• Offer zero balance account (ZBA) services
• Fulfill orders for currency and coin through armored car provider
• Process deposits and handle returned items
• Provide wire transfer services
• Offer automated clearing house (ACH) services
• Provide online information reporting system
• Process merchant card transactions
• Implement disaster recovery and security procedures
• Assign dedicated customer service representatives