City of Worthington Hills Awards Financial Services Contract to Independence Bank (August 2026)

The City of Worthington Hills approved a new five-month certificate of deposit with Independence Bank at 4.00%. The reinvestment follows CD maturities on August 27, 2026, with fund transfers approved between the Money Market, General Fund, and Road Fund accounts.

Document date · August 18, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

5-month certificate of deposit at 4.00%

Renewal date

2027-01-27

Renewal

Existing City CDs mature August 27, 2026; the approved new CD has a five-month term.

Document type

Minutes

Source document

City of Worthington Hills Minutes August 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Worthington Hills?

Independence Bank was awarded this financial services contract by City of Worthington Hills, as recorded on August 18, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Worthington Hills Minutes August 18, 2026 (Minutes), dated August 18, 2026 from City of Worthington Hills. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Independence Bank hold?

Independence 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 Independence Bank's profile

What is City of Worthington Hills currently buying?

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

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