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City of Monticello Awards Financial Services Contract to F & M Bank (November 2026)

City of Monticello logoCity of Monticello
Disclosed value
Maximum deposit $40,000,000
From agendapacket
Approved
Nov 2, 2026
Term
Effective November 3, 2026

The 30-second brief

What it covers

Monticello designated F & M Bank as a municipal depository with a maximum authorized deposit of $40 million, effective November 3, 2026.

Who holds it

F & M Bank holds this financial services contract with City of Monticello. Its other public contracts on record include work for Rio Vista-Montezuma Cemetery Dt and Liberty Rural County Fire Protection District.

What happens next

Term as filed: Effective November 3, 2026.

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Contract details

Contract type
Financial Services
Amount
Maximum deposit $40,000,000
Document date
November 2, 2026
Term
Effective November 3, 2026
Vendor
F & M Bank
Agency
City of Monticello
Source document
City of Monticello AgendaPacket City Council Meeting 2026-11-02 (AgendaPacket)

F & M Bank's other public contracts

Rio Vista-Montezuma Cemetery Dt, CaliforniaCemetery District Reviews F & M Bank Account Closure · Oct 13, 2026UndisclosedLiberty Rural County Fire Protection District, CaliforniaFire District Retains F & M Bank at 3.5% Rate · Oct 8, 2026City of Springville, IowaSpringville Reviews F & M Bank Credit Card Services · Sep 21, 2026UndisclosedTown of Balance of Swanton, OhioTownship Credit Cards To Move To F & M Bank · Sep 8, 2026UndisclosedTown of Balance of Swanton, OhioF & M Bank Selected As Township Depository · Sep 8, 2026UndisclosedAll F & M Bank contractsVendor profile

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Questions about this contract

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

F & M Bank was awarded this financial services contract by City of Monticello, as recorded on November 2, 2026. The contract value is Maximum deposit $40,000,000.

How much is the F & M Bank contract with City of Monticello worth?

The F & M Bank contract with City of Monticello is valued at Maximum deposit $40,000,000, 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 Monticello AgendaPacket City Council Meeting 2026-11-02 (AgendaPacket), dated November 2, 2026 from City of Monticello. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does F & M Bank hold?

F & M Bank 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 Monticello currently buying?

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

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