KeyBank Positive Pay Service Generated Validation Charges

Boone County used KeyBank’s positive-pay banking service to screen vendor checks for fraud. The resolution states that 3,754 flagged checks generated approximately $15,016.00 in validation charges between January and September 2026.

Document date · October 6, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$4.00 per check requiring validation; approximately $15,016.00 for 3,754 checks

Contract type

FINANCIAL_SERVICES

Contract term

January 1, 2026 – September 30, 2026

Renewal date

2026-09-30

Document type

Resolution

Source document

Board of Commissioners of Boone County Resolution 2026-11 Resolution Approving Filing of Petition to Boone County Courts to Litigate Removal of Boone County Auditor from Office 2026-10-06

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Boone County?

KEYBANK was awarded this financial services contract by Boone County, as recorded on October 6, 2026. The contract value is $4.00 per check requiring validation; approximately $15,016.00 for 3,754 checks.

How much is the KEYBANK contract with Boone County worth?

The KEYBANK contract with Boone County is valued at $4.00 per check requiring validation; approximately $15,016.00 for 3,754 checks, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Board of Commissioners of Boone County Resolution 2026-11 Resolution Approving Filing of Petition to Boone County Courts to Litigate Removal of Boone County Auditor from Office 2026-10-06 (Resolution), dated October 6, 2026 from Boone County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does KEYBANK hold?

KEYBANK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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