South Gate Legacy Banking Contract with Bank of the West Extended

The City of South Gate previously held Contract No. 3218 with Bank of the West for primary banking services, approved in 2016 for a five-year term with renewal options. Following acquisition by BMO Bank, N.A., the contract was amended multiple times to exercise renewal options and extend service through June 30, 2026, bridging operations until completion of a new banking RFP.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Initial five (5) years from May 24, 2016, with up to five (5) one-year renewal options; ultimately extended through June 30, 2026 via Amendments Nos. 1-3 and a subsequent six-month extension

Renewal date

2026-06-30

Renewal

Initial term began May 24, 2016, with up to five one-year renewal options. Amendments Nos. 1–3 exercised available renewals, extending the term through December 31, 2025. A subsequent six-month extension further extended the term through June 30, 2026, to align with the new procurement. The contract is expected to end when the new BMO Bank, N.A. agreement is fully implemented.

Document type

Agenda

Source document

City of South Gate Agenda Item No. 19 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of South Gate?

Bank of the West was awarded this financial services contract by City of South Gate, as recorded on May 26, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of South Gate Agenda Item No. 19 2026-05-26 (Agenda), dated May 26, 2026 from City of South Gate. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of the West hold?

Bank of the West 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 Bank of the West's profile

What is City of South Gate currently buying?

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

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South Gate Legacy Banking Contract with Bank of the West Extended

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by City of South Gate?

What type of contract is this?

Where was this contract approved?

What other contracts does Bank of the West hold?

What is City of South Gate currently buying?

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