Northern Trust Named Backup Custodial Bank Option
City of Miami BeachCity · Miami Beach, FL- Document date
- May 20, 2026
The 30-second brief
If talks with U.S. Bank fail, Miami Beach may negotiate a custodial banking services agreement with The Northern Trust Company, the second-ranked proposer under RFQ 2026-152-WG. The City Manager is authorized to execute an agreement upon successful negotiations.
Northern Trust Company holds this financial services contract with City of Miami Beach. Its other public contracts on record include work for Lansing Board Of Water And Light Pension Fund (Closed 1996) and City of Oakland.
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Contract details
- Contract type
- Financial Services
- Document date
- May 20, 2026
- Vendor
- Northern Trust Company
- Agency
- City of Miami Beach
- Source document
- City of Miami Beach Commission Meeting Agenda 2026-05-20 (Agenda)
Northern Trust Company's other public contracts
More City of Miami Beach contracts
Questions about this contract
Who was awarded the financial services contract by City of Miami Beach?
Northern Trust Company was awarded this financial services contract by City of Miami Beach, as recorded on May 20, 2026.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Miami Beach Commission Meeting Agenda 2026-05-20 (Agenda), dated May 20, 2026 from City of Miami Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Northern Trust Company hold?
Northern Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Miami Beach currently buying?
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