Montpelier village Awards Financial Services Contract to State Bank & Trust Company (May 2026)
Montpelier villageCity · Montpelier, OH- Disclosed value
- Active, interim, and inactive deposits each up to $6,000,000.00
- From agenda
- Awarded
- May 26, 2026
- Term
- June 1, 2026 – May 31, 2030
- Renews
- Free account
The 30-second brief
The Village of Montpelier entered a four-year Agreement for Deposit of Public Funds with The State Bank and Trust Company, appointing it as depository for up to $6 million each in active, interim, and inactive funds. The bank will secure the village’s deposits through participation in the Ohio Pooled Collateral Program through May 31, 2030.
State Bank & Trust Company holds this financial services contract with Montpelier village. Its other public contracts on record include work for Marblehead village and Perry Township Multi-School Building Corporation Of 1996.
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Contract details
- Contract type
- Financial Services
- Amount
- Active, interim, and inactive deposits each up to $6,000,000.00
- Document date
- May 26, 2026
- Term
- June 1, 2026 – May 31, 2030
- Renews
- On record
- Vendor
- State Bank & Trust Company
- Agency
- Montpelier village
- Source document
- Village of Montpelier Agenda 2026-05-26 (Agenda)
State Bank & Trust Company's other public contracts
More Montpelier village contracts
Questions about this contract
Who was awarded the financial services contract by Montpelier village?
State Bank & Trust Company was awarded this financial services contract by Montpelier village, as recorded on May 26, 2026. The contract value is Active, interim, and inactive deposits each up to $6,000,000.00.
How much is the State Bank & Trust Company contract with Montpelier village worth?
The State Bank & Trust Company contract with Montpelier village is valued at Active, interim, and inactive deposits each up to $6,000,000.00, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Village of Montpelier Agenda 2026-05-26 (Agenda), dated May 26, 2026 from Montpelier village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Montpelier village currently buying?
Explore Montpelier village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.