Council Reviews Issues With Current Banking Provider

The City of Pelham discussed ongoing service issues with Pelham Banking Company, including payroll disruptions and a missing $100,000 wire transfer. Council members considered allowing 30–60 days for the bank and its parent, Guardian Bank, to resolve the problems before potentially changing institutions.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Proposed 30–60 day remediation period before potential change

Renewal

Discussion focused on whether to continue or replace the existing banking relationship, with an informal 30–60 day window for remediation suggested.

Document type

Minutes

Source document

city-of-pelham-work-session-minutes-july-10-2025_3ef.pdf

Related contracts

Other contracts from Pelham Banking Company.

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city-of-pelham-work-session-minutes-july-10-2025_600.pdf

DISCUSSSED

City of Pelham, GeorgiaJul 10, 2025

city-of-pelham-work-session-minutes-july-10-2025_79a.pdf

DISCUSSED

City of Pelham, GeorgiaJul 10, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the city of Pelham?

Pelham Banking Company was awarded this financial services contract by Housing Authority of the city of Pelham, as recorded on July 10, 2025.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-pelham-work-session-minutes-july-10-2025_3ef.pdf (Minutes), dated July 10, 2025 from Housing Authority of the city of Pelham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pelham Banking Company hold?

Pelham Banking 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.

View Pelham Banking Company's profile

What is Housing Authority of the city of Pelham currently buying?

Explore Housing Authority of the city of Pelham's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the city of Pelham's profile