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RFP: Deposit Deposit and Lending System Modernization

Apply By: 5/5/2026
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The Federal Home Loan Bank of Chicago is exploring a modern deposit system that supports member lending activity as part of a planned Request for Proposal (RFP) related to deposit system modernization.

This effort is focused on identifying platforms that can support real‑time deposit processing, strong controls, and regulatory‑grade resiliency for a highly regulated financial institution, including accurate processing and visibility of cash impacts generated by member lending and related products, while aligning with a modular, deposit-focused architecture.

If you meet the requirements below, please submit an expression of interest by emailing [email protected], or by filing out the form below, by May 5, 2026. (reference RITM0179940 Deposit System Modernization – RFP Interest).

We are interested in learning about deposit platforms that can:

  • Support real‑time transaction posting and balance visibility
  • Provide robust security, controls, and auditability aligned with regulatory expectations
  • Integrate via APIs and event‑driven architectures with payment rails and downstream systems
  • Support cash activity related to member lending and other Bank products

This notice is intended solely to identify potential vendors interested in participating in future steps of the Bank’s sourcing process.

Vendor Interest Form

Section 0: Attestation & Disclaimer

Acknowledgment Required

By submitting this form, you acknowledge that your information will be reviewed by the Bank's Strategic Sourcing and Vendor Management team. Due to the high volume of interest, we may not be able to respond to every submission. Vendors whose capabilities align with current or future sourcing needs may be contacted for further engagement.

Acknowledgement Required

Section 1: Basic Information

Section 2: Business Profile

Section 3: Spend Category Alignment

Which category best describes you offerings?*

Select all that apply

Section 4: Risk & Compliance Posture

Do you hold any of the following certifications?

Select all that apply

Where are your operations based?

Select all that apply

Do you carry insurance coverage relevant to your services?

Select all that apply

Do you use subcontractors or third-party providers to deliver services?

If Yes, please describe

Section 5: Engagement Interest

What types of engagements are you interested in?
Are you responding to a specific sourcing opportunity?

If Yes, please specify which opportunity

Specify sourcing opportunity
Do you offer volume-based discounts or preferred pricing for financial institutions?

Section 6: Supporting Materials

Required
Optional
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