FINANCIAL_SERVICESRECOMMENDED

Chemung Canal Trust Approved as School Depository

The superintendent recommends designating Chemung Canal Trust as both a depository for school taxes and a primary district bank for 2026-2027, with a $20 million deposit cap per institution.

Status
RECOMMENDED
Document date
July 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Chemung Canal Trust
Agency
Jordan-Elbridge Central School District · NY

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Deposits not to exceed $20 million at any one financial institution
Contract type
FINANCIAL_SERVICES
Contract term
Through the next reorganizational meeting; 2026-2027 fiscal year
Renewal date
2027-07-08
Renewal
Bank designation effective through the next reorganizational meeting, to be reconsidered annually.
Document type
Agenda
Source document
Jordan-Elbridge Central School District Agenda Reorganizational Board of Education Meeting 2026-07-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Jordan-Elbridge Central School District?

Chemung Canal Trust was awarded this financial services contract by Jordan-Elbridge Central School District, as recorded on July 8, 2026. The contract value is Deposits not to exceed $20 million at any one financial institution.

How much is the Chemung Canal Trust contract with Jordan-Elbridge Central School District worth?

The Chemung Canal Trust contract with Jordan-Elbridge Central School District is valued at Deposits not to exceed $20 million at any one financial institution, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Jordan-Elbridge Central School District Agenda Reorganizational Board of Education Meeting 2026-07-08 (Agenda), dated July 8, 2026 from Jordan-Elbridge Central School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chemung Canal Trust hold?

Chemung Canal Trust 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 Chemung Canal Trust's profile

What is Jordan-Elbridge Central School District currently buying?

Explore Jordan-Elbridge Central School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Jordan-Elbridge Central School District's profile

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