Ashtabula County Resolution 2025-469 Awarding Proposals for Active Public Funds Depository
Erie Bank approved for $15M public funds depository
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Description
Ashtabula County designated ERIE BANK as an active public funds depository under a four-year agreement with a $15 million maximum. The term runs from December 1, 2025 through November 30, 2029.
Contract Details
Contract Amount
$15 million
Vendor
ERIE BANK
Agency
Ashtabula County, OH
Contract Type
FINANCIAL_SERVICES
Document Date
October 28, 2025
Contract Term
December 1, 2025 through November 30, 2029 (4-year term)
Renewal Date
2029-11-30
Renewal Info
Initial 4-year depository designation effective December 1, 2025 through November 30, 2029; renewal beyond this period will require new board designation.
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