FINANCIAL_SERVICESRATIFIED

Investment Board Ratifies CDARS Purchase with Huntington

The Investment Board is set to ratify the purchase of a $500,000 CDARS investment from Huntington National Bank, maturing in 52 weeks at a 3.5% interest rate on May 7, 2026. This action formalizes the board’s approval of the time-deposit investment.

Status
RATIFIED
Document date
May 11, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Huntington National Bank
Agency
City of Tallmadge · OH

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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
$500,000
Contract type
FINANCIAL_SERVICES
Contract term
52 weeks, maturing May 7, 2026 at 3.5%
Renewal date
2026-05-07
Renewal
Single 52-week CDARS time deposit maturing May 7, 2026; any continuation would require a new purchase or rollover decision.
Document type
Agenda
Source document
Investment Board Meeting Agenda May 11, 2026

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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 Tallmadge?

Huntington National Bank was awarded this financial services contract by City of Tallmadge, as recorded on May 11, 2026. The contract value is $500,000.

How much is the Huntington National Bank contract with City of Tallmadge worth?

The Huntington National Bank contract with City of Tallmadge is valued at $500,000, 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 Investment Board Meeting Agenda May 11, 2026 (Agenda), dated May 11, 2026 from City of Tallmadge. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Huntington National Bank hold?

Huntington National 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 Huntington National Bank's profile

What is City of Tallmadge currently buying?

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

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