FINANCIAL_SERVICESAPPROVED

Genoa village Awards Financial Services Contract to GENOABANK (October 2025)

The Village of Genoa council approved investing $500,000 in a 26‑week CDAR at GenoaBank at a 3.50% interest rate. The short-term investment is intended to optimize municipal funds while maintaining safety and liquidity.

Status
APPROVED
Document date
October 6, 2025
Contract type
FINANCIAL_SERVICES
Vendor
GENOABANK
Agency
Genoa village · OH

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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
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
$500,000 (CDAR investment)
Contract type
FINANCIAL_SERVICES
Contract term
26 weeks at 3.50% interest
Renewal
Single 26-week CDAR investment; any renewal or rollover would require a separate action not described in these minutes.
Document type
Minutes
Source document
Village of Genoa Regular Meeting Minutes 2025-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Genoa village?

GENOABANK was awarded this financial services contract by Genoa village, as recorded on October 6, 2025. The contract value is $500,000 (CDAR investment).

How much is the GENOABANK contract with Genoa village worth?

The GENOABANK contract with Genoa village is valued at $500,000 (CDAR investment), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Genoa Regular Meeting Minutes 2025-10-06 (Minutes), dated October 6, 2025 from Genoa village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does GENOABANK hold?

GENOABANK 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 GENOABANK's profile

What is Genoa village currently buying?

Explore Genoa village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Genoa village's profile

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