Crestview Local Schools Awards Financial Services Contract to Farmers National Bank of Canfield (August 2026)
Crestview Local SchoolsSchool · Ashland, OH- Disclosed value
- Active Deposits: maximum $14,000,000.00; Interim Deposits: maximum $1,000,000.00; Inactive Deposits: maximum $0; not to exceed 30% of Bank's total assets in aggregate
- From agreement
- Approved
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
Crestview Local School District enters a five-year depository agreement with The Farmers National Bank of Canfield for up to $14 million in active deposits and $1 million in interim deposits, subject to statutory collateral and asset-percentage limits. The bank will provide FDIC coverage plus 102% pooled securities for uninsured public funds under Ohio law.
Farmers National Bank of Canfield holds this financial services contract with Crestview Local Schools. Its other public contracts on record include work for Titusville Area SD and Town of Milton.
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Contract details
- Contract type
- Financial Services
- Amount
- Active Deposits: maximum $14,000,000.00; Interim Deposits: maximum $1,000,000.00; Inactive Deposits: maximum $0; not to exceed 30% of Bank's total assets in aggregate
- Document date
- August 4, 2026
- Term
- August 23, 2026 – August 22, 2031 (5 years)
- Renews
- On record
- Agency
- Crestview Local Schools
- Source document
- Crestview Local School District Agreement Application/Agreement for Deposit of Public Funds 2026-08-04 (Agreement)
Farmers National Bank of Canfield's other public contracts
More Crestview Local Schools contracts
Questions about this contract
Who was awarded the financial services contract by Crestview Local Schools?
Farmers National Bank of Canfield was awarded this financial services contract by Crestview Local Schools, as recorded on August 4, 2026. The contract value is Active Deposits: maximum $14,000,000.00; Interim Deposits: maximum $1,000,000.00; Inactive Deposits: maximum $0; not to exceed 30% of Bank's total assets in aggregate.
How much is the Farmers National Bank of Canfield contract with Crestview Local Schools worth?
The Farmers National Bank of Canfield contract with Crestview Local Schools is valued at Active Deposits: maximum $14,000,000.00; Interim Deposits: maximum $1,000,000.00; Inactive Deposits: maximum $0; not to exceed 30% of Bank's total assets in aggregate, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Crestview Local School District Agreement Application/Agreement for Deposit of Public Funds 2026-08-04 (Agreement), dated August 4, 2026 from Crestview Local Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Farmers National Bank of Canfield hold?
Farmers National Bank of Canfield 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 Crestview Local Schools currently buying?
Explore Crestview Local Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.