FINANCIAL_SERVICESDISCUSSSED

Treasurer plans transfer of funds from Richwood Bank

Logan County Treasurer reported plans to transfer $2.8 million in county funds from Richwood Bank to US Bank to secure higher interest rates. The board discussed the planned movement of funds but took no formal action at this meeting.

Document date · October 21, 2025

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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
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Scope & details

The full contract record, as filed.

Contract amount
$2.8 million (planned transfer amount)
Contract type
FINANCIAL_SERVICES
Renewal
Existing depository relationship; potential reduction in balances as funds are shifted to US Bank.
Document type
Minutes
Source document
logan-county-board-of-commissioners-meeting-minutes-october-21-2025_23a.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Bokescreek?

Richwood Bank was awarded this financial services contract by Town of Bokescreek, as recorded on October 21, 2025. The contract value is $2.8 million (planned transfer amount).

How much is the Richwood Bank contract with Town of Bokescreek worth?

The Richwood Bank contract with Town of Bokescreek is valued at $2.8 million (planned transfer amount), covering financial services work.

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 logan-county-board-of-commissioners-meeting-minutes-october-21-2025_23a.pdf (Minutes), dated October 21, 2025 from Town of Bokescreek. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Richwood Bank hold?

Richwood 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.

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