FINANCIAL_SERVICESAPPROVED

City of Sherrill Awards Financial Services Contract to Bny Mellon (January 2026)

By adopting its 2026 investment policy, the Sherrill City Commission authorized BNY Mellon to serve as a custodial bank for eligible securities pledged as collateral on City deposits. Safekeeping and collateralization terms are governed by security and custodial agreements under state law.

Status
APPROVED
Document date
January 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bny Mellon
Agency
City of Sherrill · NY

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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 type
FINANCIAL_SERVICES
Renewal
Role as potential custodial bank arises under the investment policy effective January 1, 2026, which will be reviewed bi-annually.
Document type
Minutes
Source document
Sherrill City Commission Meeting Minutes January 12, 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 Sherrill?

Bny Mellon was awarded this financial services contract by City of Sherrill, as recorded on January 12, 2026.

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 Sherrill City Commission Meeting Minutes January 12, 2026 (Minutes), dated January 12, 2026 from City of Sherrill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bny Mellon hold?

Bny Mellon 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 Bny Mellon's profile

What is City of Sherrill currently buying?

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

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