FINANCIAL_SERVICESAMENDED

City Replaces Bank of New York Mellon as Agent

Vestavia Hills City Council approved Resolution 5654 to replace Bank of New York Mellon as paying agent for the City's general obligation warrants after the bank moved customer service operations overseas. The action transitions paying agent responsibilities to Regions Bank to improve administrative efficiency.

Status
AMENDED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Bank of New York Mellon
Agency
City of Vestavia Hills · AL

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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
Existing paying agent engagement with Bank of New York Mellon for the City's general obligation warrants was effectively terminated and replaced by Regions Bank; no renewal terms were discussed.
Document type
AgendaPacket
Source document
Vestavia Hills City Council AgendaPacket 2026-07-20

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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 Vestavia Hills?

Bank of New York Mellon was awarded this financial services contract by City of Vestavia Hills, as recorded on July 20, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Vestavia Hills City Council AgendaPacket 2026-07-20 (AgendaPacket), dated July 20, 2026 from City of Vestavia Hills. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bank of New York Mellon hold?

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