FINANCIAL_SERVICESAPPROVED

Triway Local Schools Awards Financial Services Contract to Commercial & Savings Bank (June 2026)

TRIWAY LOCAL SCHOOL DISTRICT entered into a five-year depository agreement with The Commercial & Savings Bank to hold up to $10,000,000.00 in active and interim public funds from March 31, 2026 through March 30, 2031. The bank will provide secured depository, CD, and cash management services under Ohio Revised Code Chapter 135, with specified maximum deposit limits and variable interest rates.

Status
APPROVED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Commercial & Savings Bank
Agency
Triway Local Schools · 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 $10,000,000.00 in deposits (maximum $5,000,000.00 active, $5,000,000.00 interim, $0.00 inactive)
Contract type
FINANCIAL_SERVICES
Contract term
March 31, 2026 to March 30, 2031
Renewal date
2031-03-30
Renewal
Agreement runs from March 31, 2026 through March 30, 2031; renewed deposits under this agreement will carry the prevailing interest rate at the time of renewal. Any continuation beyond March 30, 2031 would require a new or renewed depository agreement subject to applicable law.
Document type
Agreement
Source document
Triway Local School District Memorandum of Agreement for Deposit of Public Funds 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Triway Local Schools?

Commercial & Savings Bank was awarded this financial services contract by Triway Local Schools, as recorded on June 9, 2026. The contract value is Up to $10,000,000.00 in deposits (maximum $5,000,000.00 active, $5,000,000.00 interim, $0.00 inactive).

How much is the Commercial & Savings Bank contract with Triway Local Schools worth?

The Commercial & Savings Bank contract with Triway Local Schools is valued at Up to $10,000,000.00 in deposits (maximum $5,000,000.00 active, $5,000,000.00 interim, $0.00 inactive), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Triway Local School District Memorandum of Agreement for Deposit of Public Funds 2026-06-09 (Agreement), dated June 9, 2026 from Triway Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Commercial & Savings Bank hold?

Commercial & Savings 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 Commercial & Savings Bank's profile

What is Triway Local Schools currently buying?

Explore Triway Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Triway Local Schools's profile

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