Beachwood City Schools Agenda Regular Meeting of the Board of Education 2026-06-22
First Financial Named Public Funds Depository
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Description
The Board designated First Financial Bank as a depository for up to $30 million in active and $30 million in interim School District funds from August 1, 2026 through July 31, 2031. Deposits will follow state law and District investment policies.
Contract Details
Contract Amount
Up to $30,000,000 active deposits; up to $30,000,000 interim deposits
Vendor
FIRST FINANCIAL BANK
Agency
Beachwood City Schools, OH
Contract Type
FINANCIAL_SERVICES
Document Date
June 22, 2026
Contract Term
August 1, 2026 through July 31, 2031
Renewal Date
2031-07-31
Renewal Info
Five‑year depository term ending July 31, 2031; any renewals or changes must be approved in a future depository resolution.
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Beachwood City Schools Agenda Regular Meeting of the Board of Education 2026-06-22
Beachwood City Schools Agenda Regular Meeting of the Board of Education 2026-06-22
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