FINANCIAL_SERVICESAPPROVED

City of Traverse Awards $294,830 Financial Services Contract to Fifth Third Bank (August 2026)

The ACT 345 Retirement System utilized its depository account at Fifth Third Bank to disburse $294,829.76 in retiree benefits for August 2026, reflecting ongoing banking services for pension payments.

Status
APPROVED
Document date
August 25, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Fifth Third Bank
Agency
City of Traverse · MI

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$294,829.76
Contract type
FINANCIAL_SERVICES
Contract term
August 2026
Renewal
Banking relationship for the depository account appears ongoing; monthly retiree benefit payments indicate a continuing services arrangement without a specified end date.
Document type
Agenda
Source document
Traverse City ACT 345 Retirement System Board Agenda 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Fifth Third Bank was awarded this financial services contract by City of Traverse, as recorded on August 25, 2026. The contract value is $294,829.76.

How much is the Fifth Third Bank contract with City of Traverse worth?

The Fifth Third Bank contract with City of Traverse is valued at $294,829.76, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Traverse City ACT 345 Retirement System Board Agenda 2026-08-25 (Agenda), dated August 25, 2026 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fifth Third Bank hold?

Fifth Third 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.

View Fifth Third Bank's profile

What is City of Traverse currently buying?

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

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