FINANCIAL_SERVICESPENDING

City Designates LCNB as Public Funds Depository

The City of South Lebanon plans to renew its depository relationship with LCNB National Bank through Resolution 2026-13, designating the bank as the City’s public funds depository from July 1, 2026 to July 1, 2031. The agreement permits up to $17 million in active, interim, and inactive deposits at market interest rates with statutory collateralization requirements.

Status
PENDING
Document date
June 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lcnb National Bank
Agency
South Lebanon village (pt.) · OH

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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 amount
Up to $17,000,000 in public deposits (active $15,000,000; interim $1,000,000; inactive $1,000,000)
Contract type
FINANCIAL_SERVICES
Contract term
July 1, 2026 to July 1, 2031
Renewal date
2031-07-01
Renewal
Continues and renews the City’s depository designation last approved in 2021 under Resolution 2021-16 for another five-year term, July 1, 2026 through July 1, 2031.
Document type
AgendaPacket
Source document
City of South Lebanon AgendaPacket Regular Meeting of Council 2026-06-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by South Lebanon village (pt.)?

Lcnb National Bank was awarded this financial services contract by South Lebanon village (pt.), as recorded on June 4, 2026. The contract value is Up to $17,000,000 in public deposits (active $15,000,000; interim $1,000,000; inactive $1,000,000).

How much is the Lcnb National Bank contract with South Lebanon village (pt.) worth?

The Lcnb National Bank contract with South Lebanon village (pt.) is valued at Up to $17,000,000 in public deposits (active $15,000,000; interim $1,000,000; inactive $1,000,000), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of South Lebanon AgendaPacket Regular Meeting of Council 2026-06-04 (AgendaPacket), dated June 4, 2026 from South Lebanon village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lcnb National Bank hold?

Lcnb National 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 Lcnb National Bank's profile

What is South Lebanon village (pt.) currently buying?

Explore South Lebanon village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View South Lebanon village (pt.)'s profile

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