Unified Bank Chosen as Depository for Up to $11M Public Funds
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Description
Quaker Digital Academy has approved Unified Bank as its depository institution for public funds, allowing deposits up to $11,000,000 from March 1, 2026 through August 31, 2029, under collateral and security provisions mandated by Ohio law.
Contract Details
Contract Amount
$11,000,000.00 (maximum deposit)
Vendor
UNIFIED BANK
Agency
Quaker Digital Academy, OH
Contract Type
FINANCIAL_SERVICES
Document Date
March 1, 2026
Contract Term
March 1, 2026 – August 31, 2029
Renewal Date
2029-08-31
Renewal Info
Agreement term is explicit; future renewals would require written amendments signed by both parties. May be amended or terminated if laws or regulations change.
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