Government Financial Transactions Processing, Reserve, and Clearinghouse Activities Contracts
NAICS 522320 · Financial Transactions Processing, Reserve, and Clearinghouse Activities
Government financial transactions processing, reserve, and clearinghouse activities contracts totaled $384M across 239 awards from FY2024 to FY2026. Obligations were down 46.2% in FY2026 vs FY2025, and the Department of Education was the largest buyer, accounting for 81% of the total.
Key figures
In FY2026, contract obligations were $87,210,767 across 105 awards with activity that year, a change of -46.2% from $162,044,638 in FY2025. From FY2024 to FY2026, obligations totaled $383,875,522 across 239 awards.
- Obligated in FY2026
- $87.2M
- Awards in FY2026
- 105
- Change vs FY2025
- -46.2%
- Total, FY2024 to FY2026
- $384M
Note: FY2026 ended on Sep 30, 2026. The Department of Defense publishes contract data with a 90-day delay, so FY2026 totals may still rise as late reports arrive.
Financial Transactions Processing, Reserve, and Clearinghouse Activities contract spending by year
Federal financial transactions processing, reserve, and clearinghouse activities contracts per fiscal year (October to September), under NAICS 522320. The table below lists the same numbers.
| Fiscal year | Obligated | Awards | Change |
|---|---|---|---|
| FY2026 | $87,210,767 | 105 | -46.2% |
| FY2025 | $162,044,638 | 153 | +20.4% |
| FY2024 | $134,620,117 | 132 | n/a |
About government financial transactions processing, reserve, and clearinghouse activities contracts
Federal spending on financial transactions processing, reserve, and clearinghouse activities contracts fell 35% from FY2024 ($135M) to FY2026 ($87.2M), peaking in FY2025. FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
Spending is fairly concentrated: the top 3 contractors account for 73% of the total. No single company dominates, which leaves room for new and small contractors.
The Department of Education spends the most on financial transactions processing, reserve, and clearinghouse activities contracts (81%), followed by the Consumer Financial Protection Bureau. The states with the most of this work are Massachusetts, Tennessee and Virginia.
NAICS 522320 (Financial Transactions Processing, Reserve, and Clearinghouse Activities) is part of the Finance and Insurance sector.
Top financial transactions processing, reserve, and clearinghouse activities government contractors
Companies ranked by contract dollars under NAICS 522320 (Financial Transactions Processing, Reserve, and Clearinghouse Activities).
| # | Contractor | Obligated | Share |
|---|---|---|---|
| 1 | F.H. Cann & Associates, Inc. | $122,101,615 | 31.8% |
| 2 | Edfinancial Services LLC | $115,745,954 | 30.2% |
| 3 | Maximus Federal Services, Inc. | $40,909,696 | 10.7% |
| 4 | JND Holdings LLC | $36,576,894 | 9.5% |
| 5 | Missouri Higher Education Loan Authority | $30,496,462 | 7.9% |
| 6 | U.S. Bancorp | $13,497,930 | 3.5% |
| 7 | Rust Consulting, Inc. | $7,735,180 | 2.0% |
| 8 | Fifth Third Bank, National Association | $5,571,972 | 1.5% |
| 9 | Epiq Class Action & Claims Solutions, Inc. | $4,075,631 | 1.1% |
| 10 | Laurenty Sa | $891,852 | 0.2% |
Agencies buying financial transactions processing, reserve, and clearinghouse activities services
Federal agencies ranked by contract dollars under NAICS 522320.
| # | Agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of Education | $310,003,841 | 80.8% |
| 2 | Consumer Financial Protection Bureau | $48,387,705 | 12.6% |
| 3 | Department of Homeland Security | $19,510,557 | 5.1% |
| 4 | Department of State | $1,916,750 | 0.5% |
| 5 | Department of the Interior | $1,063,111 | 0.3% |
| 6 | Department of Defense | $924,627 | 0.2% |
| 7 | Department of Justice | $778,582 | 0.2% |
| 8 | Department of Veterans Affairs | $562,951 | 0.1% |
| 9 | Department of the Treasury | $484,327 | 0.1% |
| 10 | Agency for International Development | $229,903 | <0.1% |
Where financial transactions processing, reserve, and clearinghouse activities contract work is performed
States ranked by contract dollars, using the place of performance on each award.
| # | State | Obligated | Share |
|---|---|---|---|
| 1 | Massachusetts | $122,119,615 | 31.8% |
| 2 | Tennessee | $115,745,954 | 30.2% |
| 3 | Virginia | $61,350,306 | 16.0% |
| 4 | Washington | $33,157,835 | 8.6% |
| 5 | Missouri | $30,517,102 | 7.9% |
| 6 | Minnesota | $7,264,867 | 1.9% |
| 7 | Indiana | $5,571,972 | 1.5% |
| 8 | New York | $4,166,038 | 1.1% |
| 9 | Oregon | $4,065,849 | 1.1% |
| 10 | California | $1,427,752 | 0.4% |
Recent financial transactions processing, reserve, and clearinghouse activities contract awards
The latest financial transactions processing, reserve, and clearinghouse activities contracts, newest first. Each award ID links to its record on USAspending.gov.
| Start date | Recipient | Agency and description | Amount | Record |
|---|---|---|---|---|
| Sep 14, 2026 | Fifth Third Bank, National Association | Department of Homeland SecurityROLLOUT OF SMART SAFE DEVICES FOR THE COLLECTION REVENUE AT PORTS OF ENTRY | $1,899,542 | 70B01C26F00000999 |
| Aug 28, 2026 | Laurenty Sa | Department of StateOFFICES* - DO - JANITORIAL SERVICES 1 SEP 2026 - 30 NOV 2026 | $140,406 | 19BE2026F1308 |
| Aug 28, 2026 | Laurenty Sa | Department of StateELSO - JANITORIAL SERVICES SEPT 1, 2026 TO AUG 31, 2027 | $17,678 | 19BE2026F1150 |
| Aug 25, 2026 | Laurenty Sa | Department of StateR136-R186 - DO -JANITORIAL SERVICES 1 SEP 2026 - 30 NOV 2026 | $26,020 | 19BE2026F1319 |
| Aug 25, 2026 | Laurenty Sa | Department of StateR077-R182 - DO - JANITORIAL SERVICES 1 SEP 2026 -30 NOV 2026 | $25,928 | 19BE2026F1318 |
| Aug 19, 2026 | Rust Consulting, Inc. | Consumer Financial Protection BureauUSASF REDRESS | $229,111 | 9531CB26F0045 |
| Aug 12, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP18-PP20 2026 | $40,433 | 19BE2026F1280 |
| Aug 11, 2026 | Rust Consulting, Inc. | Consumer Financial Protection BureauTASK ORDER FOR SYNAPSE MATTER | $3,037,112 | 9531CB26F0038 |
| Jul 30, 2026 | Kropp Holdings, Inc. | Department of JusticeDLA AIR CARD ANCILLARY SERVICES (KHI) BPA CALL 0002 | $150,000 | 15F06726F0001137 |
| Jul 27, 2026 | Miscellaneous Foreign Awardees | Department of StateLAG_UBA PLC ABUJA & LAGOS CASHIER IMBED SERVICES | $70,170 | 19N15026P0803 |
| Jul 16, 2026 | Rust Consulting, Inc. | Consumer Financial Protection BureauINTEGRITY ADVANCE | $435,516 | 9531CB26F0034 |
| Jul 10, 2026 | Caracal Enterprises, LLC | Department of the InteriorPURCHASE AND INSTALLATION OF 6 AUTOMATED FEE MACHINE (AFM) MACHINES CAPABLE OF PROCESSING PLASTIC CARD TRANSACTIONS COMPLIANT, WITH PCI STANDARD, SHOULD FIT EXISTING BASES AND ISSUE BOTH PAPER 1 DAY P | $101,754 | 140P5126P0050 |
| Jul 2, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP16-PP17 2026 | $22,762 | 19BE2026F1057 |
| Jun 4, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP13-PP15 2026 | $41,942 | 19BE2026F0883 |
| May 29, 2026 | Laurenty Sa | Department of StateOFFICES* - DO - JANITORIAL SERVICES 1 JUN 2026 - 31 AUG | $121,225 | 19BE2026F0734 |
| May 20, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP11-PP12 2026 | $26,745 | 19BE2026F0770 |
| May 19, 2026 | Laurenty Sa | Department of StateR077-R182 - DO - JANITORIAL SERVICES 1 JUN 2026 -31 AUG 2026 | $22,412 | 19BE2026F0738 |
| May 19, 2026 | Laurenty Sa | Department of StateR136-R186 - DO - JANITORIAL SERVICES 1JUN 2026 - 31 AUG 2026 | $22,492 | 19BE2026F0737 |
| Apr 17, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP09-PP10 2026 | $23,255 | 19BE2026F0583 |
| Apr 12, 2026 | Geo. Mijilem & Company, Incorporated | Department of DefenseCOMMISSARY GIFT CARDS - CC CENTRALLY MANAGED | $214,500 | HQC00426FE111 |
| Mar 10, 2026 | Edenred Belgium | Department of StateHR - DO - MEAL TICKETS - PP07-PP08 2026 | $25,320 | 19BE2026F0421 |
| Feb 23, 2026 | Airlines Reporting Corporation | Department of Homeland SecurityTHIS REQUIREMENT IS CONTINUE RELATING OF RESERVATION SERVICES, TO SPECIALIZE IN TICKET TRANSACTION RECONCILIATION SERVICES. THIS IS RELATING TO THE LAW ENFORCEMENT MISSION. | $16,901 | 70T03026C6116N001 |
| Feb 20, 2026 | Laurenty Sa | Department of StateOFFICES* - DO - JANITORIAL SERVICES MAR. 1 2026 -MAY 31 2026 | $122,794 | 19BE2026F0347 |
| Feb 13, 2026 | Laurenty Sa | Department of StateR077-R182 - DO - JANITORIAL SERVICES MAR 1 2026 -MAY 31 2026 | $22,864 | 19BE2026F0351 |
| Feb 13, 2026 | Laurenty Sa | Department of StateR136-R186 - DO - JANITORIAL SERVICES MAR 1 2026 -MAY 31 2026 | $22,946 | 19BE2026F0346 |
Open financial transactions processing, reserve, and clearinghouse activities government bids
No open financial transactions processing, reserve, and clearinghouse activities bids right now. Check the open bids page, which is updated daily from SAM.gov.
How to win government financial transactions processing, reserve, and clearinghouse activities contracts
Federal financial transactions processing, reserve, and clearinghouse activities contracts are posted on SAM.gov under NAICS 522320. Register your business free on SAM.gov with this code, watch for financial transactions processing, reserve, and clearinghouse activities bids, and look for small business set-asides: many financial transactions processing, reserve, and clearinghouse activities contracts for small business are reserved for small firms.
Explore government financial transactions processing, reserve, and clearinghouse activities contracts by state, agency and contractor
- Department of Education contracts
- Consumer Financial Protection Bureau contracts
- Department of Homeland Security contracts
- Department of State contracts
- Department of the Interior contracts
- Government contracts in Massachusetts
- Government contracts in Tennessee
- Government contracts in Virginia
- Government contracts in Washington
- Government contracts in Missouri
- Edfinancial Services government contracts
- Maximus Federal Services government contracts
- Missouri Higher Education Loan Authority government contracts
Frequently asked questions
- What NAICS code is used for government financial transactions processing, reserve, and clearinghouse activities contracts?
- Federal financial transactions processing, reserve, and clearinghouse activities contracts use NAICS 522320 (Financial Transactions Processing, Reserve, and Clearinghouse Activities). List this code in your free SAM.gov registration to be found for these contracts.
- Who are the largest financial transactions processing, reserve, and clearinghouse activities government contractors?
- By contract dollars under NAICS 522320 from FY2024 to FY2026, the largest were F.H. Cann & Associates, Inc. ($122M), Edfinancial Services LLC ($116M) and Maximus Federal Services, Inc. ($40.9M).
- Which agencies buy the most financial transactions processing, reserve, and clearinghouse activities?
- From FY2024 to FY2026, the biggest buyers were the Department of Education ($310M), the Consumer Financial Protection Bureau ($48.4M) and the Department of Homeland Security ($19.5M).
- Where are government financial transactions processing, reserve, and clearinghouse activities contracts performed?
- By contract dollars, the most federal financial transactions processing, reserve, and clearinghouse activities work is performed in Massachusetts ($122M), Tennessee ($116M) and Virginia ($61.4M).
- Is federal spending on financial transactions processing, reserve, and clearinghouse activities contracts growing?
- Federal financial transactions processing, reserve, and clearinghouse activities contract obligations fell 35% from FY2024 ($135M) to FY2026 ($87.2M), peaking in FY2025. FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
- Do I qualify as a small business for financial transactions processing, reserve, and clearinghouse activities contracts?
- It depends on the SBA size standard for NAICS 522320, which is set either by average annual revenue or by number of employees. Check the current table of size standards on sba.gov before you bid on small business set-asides.
- What do I need to bid on government financial transactions processing, reserve, and clearinghouse activities contracts?
- An active SAM.gov registration (free) with NAICS 522320 listed, the licenses and insurance your state requires for financial transactions processing, reserve, and clearinghouse activities work, and examples of similar past work. Some solicitations also ask for specific certifications or security clearances.