CONTRACTONGOING

FNBA Processes Kodiak Investment Account Transfers

City of Kodiak
Disclosed value
$20,000,000 transferred through the operating trust account
From agendapacket
Document date
Oct 21, 2026

The 30-second brief

What it covers

First National Bank Alaska processed a $10 million transfer into Kodiak’s operating trust account for investment by APCM and continues to provide the City’s operating and interest-sweep banking services. The City reported an additional $10 million transfer from AMLIP into the same operating trust structure in September.

Who holds it

First National Bank Alaska (Fnba) holds this financial services contract with City of Kodiak. Its other public contracts on record include work for Prince William Sound Regional Citizens Advisory Council and Southeast Alaska Power Agency.

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Contract details

Contract type
Financial Services
Amount
$20,000,000 transferred through the operating trust account
Document date
October 21, 2026
Source document
City of Kodiak AgendaPacket Investment Committee Meeting 2026-10-21 (AgendaPacket)

First National Bank Alaska (Fnba)'s other public contracts

More City of Kodiak contracts

Questions about this contract

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

First National Bank Alaska (Fnba) was awarded this financial services contract by City of Kodiak, as recorded on October 21, 2026. The contract value is $20,000,000 transferred through the operating trust account.

How much is the First National Bank Alaska (Fnba) contract with City of Kodiak worth?

The First National Bank Alaska (Fnba) contract with City of Kodiak is valued at $20,000,000 transferred through the operating trust account, covering financial services work.

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 Kodiak AgendaPacket Investment Committee Meeting 2026-10-21 (AgendaPacket), dated October 21, 2026 from City of Kodiak. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First National Bank Alaska (Fnba) hold?

First National Bank Alaska (Fnba) 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 Kodiak currently buying?

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

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