FINANCIAL_SERVICESRATIFIED

Second Huntington CDARS Purchase Ratified by Board

The Investment Board is set to ratify a $500,000 CDARS deposit with Huntington National Bank for 52 weeks at a 3.88% interest rate, maturing on July 16, 2026. This ratification affirms a previously executed investment placement.

Status
RATIFIED
Document date
July 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Huntington National Bank
Agency
City of Tallmadge · 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
Contract type
FINANCIAL_SERVICES
Contract term
52 weeks, maturing July 16, 2026 at 3.88%
Renewal date
2026-07-16
Renewal
Single fixed-term CDARS deposit maturing on July 16, 2026; any rollover or new term would require separate action.
Document type
Agenda
Source document
Investment Board Agenda July 24, 2026

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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 Tallmadge?

Huntington National Bank was awarded this financial services contract by City of Tallmadge, as recorded on July 24, 2026. The contract value is $500,000.

How much is the Huntington National Bank contract with City of Tallmadge worth?

The Huntington National Bank contract with City of Tallmadge is valued at $500,000, covering financial services work.

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 Investment Board Agenda July 24, 2026 (Agenda), dated July 24, 2026 from City of Tallmadge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington National Bank hold?

Huntington National 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 Huntington National Bank's profile

What is City of Tallmadge currently buying?

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

View City of Tallmadge's profile

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