Banking and Investment Services

Description

Sacramento Housing and Redevelopment Agency ("SHRA" and "Agency") is seeking a qualified financial institution to provide comprehensive banking and investment services that support the secure, efficient, and compliant management of public funds across its housing programs. The selected partner will be expected to deliver reliable day-to-day depository services, strong cash management capabilities, interest-bearing accounts, fraud protection tools, electronic payment services, reporting, and HUD-compliant investment options that help the Agency safeguard assets while improving operational efficiency. The project is intended to modernize and strengthen banking operations through responsive service, sound internal controls, technology-enabled solutions, and a smooth implementation approach that supports both current needs and future enhancements. The Agency is especially interested in partnering with a financially stable institution that understands the needs of public-sector clients, can fully collateralize deposits as required, and can bring practical innovations that improve service, transparency, and value.