FINANCIAL_SERVICESPENDING

City Public Funds Accounts Set to Move to First Citizens

First Citizens Bank is slated to become the new depository institution for the City of Beach’s public funds accounts in September 2026, following an acquisition of BMO branches. The transition will move existing accounts and eligible CDs to FCB unless the city opts to close them first.

Status
PENDING
Document date
July 1, 2026
Contract type
FINANCIAL_SERVICES
Vendor
First Citizens Bank
Agency
City of Beach · ND

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Accounts transition in September 2026
Renewal date
2026-09-30
Renewal
City may allow CDs to renew with First Citizens Bank or elect to close them prior to transition dates, per BMO’s communicated terms.
Document type
AgendaPacket
Source document
City of Beach AgendaPacket City Council Meeting 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Beach?

First Citizens Bank was awarded this financial services contract by City of Beach, as recorded on July 1, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Beach AgendaPacket City Council Meeting 2026-07-01 (AgendaPacket), dated July 1, 2026 from City of Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First Citizens Bank hold?

First Citizens Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View First Citizens Bank's profile

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