City Solicits Bids For Bank Depository Contract

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

October 1, 2026 – September 30, 2028, with optional one-year renewals

Renewal date

2028-09-30

Renewal

Initial depository agreement will be for two years starting October 1, 2026, with optional one-year renewal periods thereafter. Specific bank selection is pending council action.

Document type

Report

Source document

City of Columbus City Manager's Report 2026-08-24

Related contracts

Other contracts from Area Banks.

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city-of-lincoln-committee-meeting-minutes-july-23-2024_c12.pdf

PENDING

City of Lincoln city, Illinois$1 million or lessJul 23, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

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

Area Banks was awarded this financial services contract by City of Columbus, as recorded on August 24, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Columbus City Manager's Report 2026-08-24 (Report), dated August 24, 2026 from City of Columbus. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Area Banks hold?

Area Banks 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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