Committee Backs Moving City Accounts To OCB

The Adams Finance Committee recommended that the Common Council approve moving all municipal accounts to OCB, designating it as the City's new banking institution. The recommendation follows a review of options to replace BMO as the primary depository bank.

Document date · August 18, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

AgendaPacket

Source document

City of Adams AgendaPacket Finance Committee Meeting 2025-08-18

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Siletz Valley Fire Protection District Agenda Regular Meeting September 15, 2026

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city-of-adams-city-council-regular-session-agenda-september-15-2025_c91.pdf

pending

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city-of-adams-city-council-regular-session-agenda-september-15-2025_c91.pdf

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City of Adams, Wisconsin$325,000.00Sep 15, 2025

city-of-adams-finance-committee-agenda-september-15-2025_daf.pdf

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city-of-adams-finance-committee-agenda-september-15-2025_daf.pdf

DISCUSSED

City of Adams, WisconsinNot to exceed $325,000.00 (loan principal)Sep 15, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Adams?

OCB was awarded this financial services contract by City of Adams, as recorded on August 18, 2025.

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 City of Adams AgendaPacket Finance Committee Meeting 2025-08-18 (AgendaPacket), dated August 18, 2025 from City of Adams. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does OCB hold?

OCB 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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