Federal NAICS Codes

NAICS 522110

Commercial Banking

Explore obligations, trends, recent awards, and incumbent contractors for NAICS 522110.

NAICS 522110 federal market metrics

Total obligations
$1.9B
Total awards
1,002 awards
Active obligations
$525.3M

What this NAICS covers

NAICS 522110 covers deposit-taking and lending activities of commercial banks, including demand and time deposits, business and consumer loans, credit extensions, cash management, account services, trust custody, and processing of payment instruments.

Federal opportunities under 522110 typically involve providing banking services to government entities, such as deposit accounts, treasury management, loan and credit facilities, merchant services, payment processing, custody arrangements, and compliance with federal financial reporting and security requirements.

FY2025 snapshot

Obligations
$192.8M
Awards
21
Average award
$9.2M
Change from FY2024
+8,191.9%

Recent awards

Search contractors

$0

CITIBANK, N.A.

Federal Acquisition Service

PIID
47QRAC26F0002
PSC
R710 - SUPPORT- MANAGEMENT: FINANCIAL

$0

U.S. BANK NATIONAL ASSOCIATION

Department of Veterans Affairs

PIID
36C10B26F0060
PSC
DF01 - IT AND TELECOM - IT MANAGEMENT SUPPORT SERVICES (LABOR)

$850,000

U.S. BANK NATIONAL ASSOCIATION

Office of the Assistant Secretary for Financial Resources (Asfr)

PIID
7571MN26F80002
PSC
R499 - SUPPORT- PROFESSIONAL: OTHER

$0

CITIBANK, N.A.

Federal Acquisition Service

PIID
47QRAC26F0001
PSC
R710 - SUPPORT- MANAGEMENT: FINANCIAL

FAQ

What work fits NAICS 522110?
  • Act as fiscal agent to accept program deposits, reconcile participant accounts, process authorized withdrawals, and provide periodic custodial account statements with secure electronic access.
  • Originate and service commercial loan facilities, including underwriting, documentation, collateral monitoring, and payment collection per contract credit terms.
  • Operate treasury management services such as lockbox processing, automated receivable posting, funds concentration, and remittance imaging for program payments.
  • Provide escrow and custodial disbursement services that hold funds, release payments against contract milestones, and maintain reconciliations and audit-ready records.
When is NAICS 522110 a weak fit?
  • Non-depository financial services such as broker-dealers or pure payment processors that do not accept deposits; missing deposit-taking, liquidity management, and bank charter activities.
  • Software-only loan origination or banking platform providers that supply software licenses without accepting deposits, underwriting credit, or managing fund disbursements.
  • Investment management or fiduciary services focused on portfolio management and discretionary investment decisions without deposit account maintenance or lending operations.
What solicitation language points to NAICS 522110?
  • Solicitation requires a bank charter, deposit insurance coverage, and capability to maintain insured deposit accounts and reconciled ledgers.
  • Deliverables include reconciled deposit account statements, loan documents and servicing reports, collateral records, and periodic regulatory-style financial reports.
  • Labor categories listed include commercial loan officer, deposit operations manager, treasury services specialist, and evaluation criteria reference underwriting standards and account control procedures.

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