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City of Johnston Awards Financial Services Contract to Veridian Credit Union (September 2026)

City of Johnston logoCity of Johnston
Disclosed value
Not to exceed $20,000,000
From resolution
Approved
Sep 8, 2026
Term
Effective September 8, 2026

The 30-second brief

What it covers

The City of Johnston approved Veridian Credit Union as a depository for city funds with a maximum deposit limit of $20 million. The resolution takes effect September 8, 2026 and replaces the prior depository resolution.

Who holds it

Veridian Credit Union holds this financial services contract with City of Johnston. Its other public contracts on record include work for City of Eden Prairie and Cedar Falls Community School District.

What happens next

Term as filed: Effective September 8, 2026.

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Contract details

Contract type
Financial Services
Amount
Not to exceed $20,000,000
Document date
September 8, 2026
Term
Effective September 8, 2026
Vendor
Veridian Credit Union
Agency
City of Johnston
Source document
City of Johnston Resolution Resolution No. 26-160 Naming Depositories for Funds 2026-09-08 (Resolution)

Veridian Credit Union's other public contracts

City of Eden Prairie, MinnesotaVeridian Credit Union Joins as Hometown Celebration Partner · Jul 14, 2026UndisclosedCity of Eden Prairie, MinnesotaVeridian Credit Union Backs City Hometown Celebration · Jul 14, 2026UndisclosedCedar Falls Community School District, IowaVeridian Credit Union Continues as Depository · Jul 13, 2026Cedar Falls Community School District, IowaVeridian Credit Union Approved as Depository · Jul 12, 2026City of Eden Prairie, MinnesotaCity partners with Veridian Credit Union for event · Jun 16, 2026UndisclosedAll Veridian Credit Union contractsVendor profile

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Questions about this contract

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

Veridian Credit Union was awarded this financial services contract by City of Johnston, as recorded on September 8, 2026. The contract value is Not to exceed $20,000,000.

How much is the Veridian Credit Union contract with City of Johnston worth?

The Veridian Credit Union contract with City of Johnston is valued at Not to exceed $20,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Johnston Resolution Resolution No. 26-160 Naming Depositories for Funds 2026-09-08 (Resolution), dated September 8, 2026 from City of Johnston. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Veridian Credit Union hold?

Veridian Credit Union may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Johnston currently buying?

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

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