Richfield Village Council Minutes 2026-05-19
Citizens Bank N.A. Up for Depository Designation
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Description
Richfield is considering Citizens Bank, N.A. for designation as a public depository for Village funds through July 5, 2031. The designation would authorize the bank to hold public deposits with required collateral protections.
Contract Details
Vendor
CITIZENS BANK NA
Agency
Town of Richfield, OH
Contract Type
FINANCIAL_SERVICES
Document Date
May 19, 2026
Contract Term
Through July 5, 2031
Renewal Date
2031-07-05
Renewal Info
Envisioned five-year depository role ending July 5, 2031; renewal beyond that term would need new council action.
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