Council Designates J.P. Morgan as Major City Depository
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Description
Athens City Council designated J.P. Morgan Chase Bank as a public depository for up to $25 million in city funds beginning March 1, 2026, pursuant to Ohio law.
Contract Details
Contract Amount
Not to exceed $25,000,000.00
Vendor
J.P. MORGAN CHASE BANK NA
Agency
Athens Metropolitan Housing Authority, OH
Contract Type
FINANCIAL_SERVICES
Document Date
February 17, 2026
Contract Term
2026-03-01 to next designation (duration not specified; typically 2-4 years)
Renewal Date
2028-03-01
Renewal Info
Depository designations are typically for 2-4 years; next scheduled process or automatic renewal applies per city and state procedures.
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Issuing Agency
Local Housing Authority
Athens, OH
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