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Fairmont Seeks Renewal of WesBanco $750K Letter of Credit

City of Fairmont
Disclosed value
Not to exceed $750,000.00
From minutes
Document date
Apr 28, 2026
Term
Fiscal Year 2026-2027
Renews
Free account

The 30-second brief

What it covers

The Fairmont City Council introduced an ordinance to renew Letter of Credit No. 2001-525 with WesBanco Bank in an amount not to exceed $750,000. The letter of credit will secure the City's self-insured obligations under the West Virginia Workers’ Compensation Act for fiscal year 2026-2027.

Who holds it

Wesbanco Bank holds this financial services contract with City of Fairmont. Its other public contracts on record include work for Town of Shenango and Toledo City Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Fairmont contract.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $750,000.00
Document date
April 28, 2026
Term
Fiscal Year 2026-2027
Renews
Free account
Vendor
Wesbanco Bank
Agency
City of Fairmont
Source document
City of Fairmont Minutes Regular City Council Meeting 2026-04-28 (Minutes)

Wesbanco Bank's other public contracts

Town of Shenango, PennsylvaniaShenango Township Opens Stormwater Escrow at WesBanco · Jul 1, 2026UndisclosedToledo City Schools, OhioDistrict CD Investment With WesBanco Bank · Jun 30, 2026Beaver Valley IU 27, PennsylvaniaWesBanco Approved as IU Depository Bank · Jun 24, 2026UndisclosedLenawee Isd, MichiganLISD adds WesBanco as depository and investor · Jun 22, 2026UndisclosedNew Castle Area SD, PennsylvaniaWesBanco Named 2026-27 School District Depository · Jun 8, 2026UndisclosedAll Wesbanco Bank contractsVendor profile

More City of Fairmont contracts

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Questions about this contract

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

Wesbanco Bank was awarded this financial services contract by City of Fairmont, as recorded on April 28, 2026. The contract value is Not to exceed $750,000.00.

How much is the Wesbanco Bank contract with City of Fairmont worth?

The Wesbanco Bank contract with City of Fairmont is valued at Not to exceed $750,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Fairmont Minutes Regular City Council Meeting 2026-04-28 (Minutes), dated April 28, 2026 from City of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Wesbanco Bank hold?

Wesbanco 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.

What is City of Fairmont currently buying?

Explore City of Fairmont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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