R711: Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public)
Professional Services › Financial services · Figures are FPDS award actions reporting this code.
Service code
Active
Overview
- FY2026 obligations
- $343.60M
- $343,601,017awarded under R711
- FY2027 to date
- -$79.09K
- -$79,0906 awards · year to date · net de-obligation
- FY2026 awards
- 162
- awards with an action under this code
Obligations by fiscal year of action
- FY2027: -$79,090 (de-obligation) (year to date)
- FY2026: $343,601,017
- FY2025: $84,733,060
- FY2024: $58,624,968
- FY2023: $25,931,702
- FY2022: $32,347,025
Total across 6 fiscal years: $545,158,681
Net de-obligation in that fiscal year (obligations withdrawn).
* Year to date.
Source: FPDS award actions reporting this PSC. Obligations are the sum of the obligation on each action (modifications included). Department of Defense actions appear about 90 days after they are signed.
Definition
- Official name
- Banking Services(includes accepting and cashing government checks and other payment instruments, accepting direct deposits, accepting payments to the government from the public)
- Short name
- SUPPORT- MANAGEMENT: BANKING
- Category
- Professional Services › Financial services
- Status
- Active since October 1, 2011
Top buying agencies
FY2024–FY2026 · awarding sub-tier agencies
| Rank | Agency | Obligated | |
|---|---|---|---|
| 1 | Department Of State | $343,330,695 | 70.5% |
| 2 | Consumer Financial Protection Bureau | $47,784,092 | 9.8% |
| 3 | Office Of Personnel Management | $45,396,819 | 9.3% |
| 4 | Defense Finance And Accounting Service | $26,957,281 | 5.5% |
| 5 | Centers For Medicare And Medicaid Services | $9,467,712 | 1.9% |
| 6 | U.S. Customs And Border Protection | $5,571,972 | 1.1% |
| 7 | Department Of Veterans Affairs | $2,380,068 | 0.5% |
| 8 | Usda, Departmental Administration | $883,647 | 0.2% |
| 9 | Export-Import Bank Of The U.S. | $750,000 | 0.2% |
| 10 | Department Of Energy | $685,546 | 0.1% |
Top vendors
FY2024–FY2026
| Rank | Vendor | Obligated | ||
|---|---|---|---|---|
| 1 | CITIBANK, N.A. | $184,027,622 | 9 | 37.8% |
| 2 | CITIBANK, NATIONAL ASSOCIATION | $157,820,848 | 10 | 32.4% |
| 3 | HEALTHEQUITY, INC. | $57,563,727 | 165 | 11.8% |
| 4 | JND HOLDINGS LLC | $36,576,894 | 3 | 7.5% |
| 5 | NAVY FEDERAL CREDIT UNION | $21,860,229 | 1 | 4.5% |
| 6 | RUST CONSULTING, INC. | $7,070,553 | 36 | 1.5% |
| 7 | FIFTH THIRD BANK, NATIONAL ASSOCIATION | $5,571,972 | 4 | 1.1% |
| 8 | EPIQ CLASS ACTION & CLAIMS SOLUTIONS, INC. | $4,075,631 | 18 | 0.8% |
| 9 | U.S. BANCORP | $3,746,896 | 13 | 0.8% |
| 10 | NATIONAL GOVERNMENT SERVICES, INC. | $3,705,543 | 1 | 0.8% |